Purpose-Built-Student Accommodation (PBSA)

Mapletree Investments puts 24 UK PBSA properties for sale, according to media reports - THE EDGE SINGAPORE

Property

Mapletree Investments puts 24 UK PBSA properties for sale, according to media reports

The properties are said to be worth GBP450 million ($583 million).

Company in the news

Wee Hur clarifies reports on potential sale of Australian PBSA business

On Oct 15, The Australian Financial Review reported that Greystar was acquiring the group’s PBSA business.
Far East Orchard launches inaugural student accommodation fund with first close of GBP70 mil - THE EDGE SINGAPORE

Funds

Far East Orchard launches inaugural student accommodation fund with first close of GBP70 mil

The fund is set to invest in Purpose-Built Student Accommodation development opportunities within the UK.

Property

HS Optimus signs non-binding MOU to jointly develop PBSA in Australia

Shares in HS Optimus closed flat at 0.3 cents on July 5.

Company in the news

Centurion JV company to refurbish Hong Kong building for student housing

The JV with LionRock Property will develop the building into student housing under Centurion’s “dwell” student living brand.
Far East Orchard and Woh Hup buy land in Glascow for $5.1 mil to expand UK PBSA portfolio - THE EDGE SINGAPORE

Property

Far East Orchard and Woh Hup buy land in Glasgow for $5.1 mil to expand UK PBSA portfolio

The site in Glasgow intended to be developed into a purpose-built student accommodation (PBSA) of 273 beds.

Property

CDL acquires five PBSA assets in the UK for $357 mil

Upon the completion of the acquisitions, CDL’s PBSA portfolio will have six assets and 2,368 beds in total.

Property

Far East Orchard acquires student accommodation property in UK for $22.9 mil

The acquisition is expected to be completed in April 2023.
Wee Hur shares surge some 11% after it announced disposal of stake in its Australia PBSA portfolio - THE EDGE SINGAPORE

Property

Wee Hur shares surge some 11% after it announced disposal of stake in its Australia PBSA portfolio

The company disposed of its 49.9% stake for a consideration of A$567.9 million ($573.6 million).

Private equity

Japan's multi-family housing market draws interest from QIP on prospects of stable returns

QIP is raising US$100 million to acquire multi-family housing assets in Japan.
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