purpose built student accommodation (PBSA)

The acquisition brings Mapletree’s student housing portfolio in the UK to a total of over 17,000 beds.

The shortage of bed supply for migrant workers has pushed rents up, benefiting dormitory operators like Centurion Corp.

Metro Holdings plans to grow its PBSA portfolio in the near- to mid-term.

REITs' results are mainly within expectations, with Keppel DC REIT experiencing a DPU surge, while ART faces challenges

Specialised accommodation operator Centurion Corp prides itself in offering residents more than a roof and four walls.

DBS Research Group is maintaining its ‘hold’ call on dormitory operatory Centurion Corp, but at a revised target price of 42 cents. This is up 1 cent from its previous 41 cent call, analyst Ling Lee Keng says in a May 18 note.

While the numbers are looking up, Centurion has flagged concerns of rising operating costs amid the Covid-19 pandemic.

While the spread of the virus among migrant workers has intensified in the past week, the operator says the outbreak has not impacted its financial occupancy so far, the group states

Dormitory operator Centurion Corporation is acquiring Archer House at a purchase consideration of £15.1 million.

RHB Group Research is maintaining its “neutral” call on Centurion Corp with an unchanged target price of 43 cents