KUALA LUMPUR, MALAYSIA — Sept 14 — TrustCapital, an international real estate investment and advisory company, and Taylor’s Assets, the property investment and asset management arm of Taylor’s Education Group, today announced a strategic joint venture to establish a purpose-built student accommodation (“PBSA”) investment platform in Malaysia.
The joint venture brings together the respective strengths and established track records of both parties: TrustCapital’s real estate investment management, institutional capital and fund-raising capabilities, and Taylor’s Assets’ experience in developing, owning and operating student accommodation. Together, these complementary capabilities provide a strong foundation for the proposed institutional-grade PBSA investment platform in Malaysia, and beyond.
An Institutional-Grade, Vertically Integrated Platform
The platform is envisioned to aggregate institutional capital for investment in a scalable portfolio of PBSA assets in Malaysia, spanning the acquisition of existing student accommodation assets, as well as the development of new PBSA assets, providing multiple pathways to build and scale the portfolio over time.
TrustCapital will lead fundraising and investment management, including engagement with institutional investors such as pension funds and sovereign wealth funds, initially in Malaysia with a potential for international market outreach. Taylor’s Assets will lead design and development, and day-to-day portfolio operations, including leasing, property management, marketing, and brand standards. The expertise of Taylor’s Residence, an established and award-winning PBSA operator, will also be leveraged to drive operational excellence across the portfolio.
“Building on our established experience in student accommodation, this partnership marks our next step in scaling our capabilities beyond our existing portfolio and building the first institutional-grade PBSA investment platform in Malaysia.” said Sheena Angelina, President, Taylor’s Assets.
“Together with Taylor’s, we are building more than a portfolio — we are creating a market leading PBSA brand serving the growing local and international student community that is safe, community focused and student exclusive.” said Shakir Asri, Joint CEO, TrustCapital.
The joint venture reflects growing demand for quality PBSA in Malaysia, underpinned by rising domestic and international student enrolment. It also supports the Malaysia Higher Education Blueprint 2026–2035, launched in January 2026, which aims to increase international student enrolment to the country from 160,000 currently to 500,000 by 2035. Quality student accommodation will be an increasingly important part of the supporting infrastructure required to enable this growth, reinforcing the long-term investment opportunity for PBSA in Malaysia.
The two parties will continue to advance joint strategy development, market research, and investor engagement as the investment and management structures for the proposed platform are further developed.