student accommodation

The group aims to grow its global student housing AUM to $11 billion, says Matt Walker, CEO of student housing at Mapletree.

The property has 678 beds and serves over 35,000 undergraduates and graduate students from the USC.

The yield-accretive acquisition will be funded by debt and part of the proceeds from ART’s private placement launched in Sept.

The acquisition represents ART's third student accommodation investment within a span of seven months.

Ascott Residence Trust's RevPAU climbed 10% q-o-q to $55.

SINGAPORE (Dec 10): Centurion Corporation's second student accommodation fund, the Centurion Student Accommodation Fund, achieved an aggregate committed capital of $70 million at its first closing.

SINGAPORE (Sept 17): Centurion Corporation is acquiring a student accommodation asset located at Castle Gate in Nottingham, United Kingdom of £10.2 million ($18.25 million).

SINGAPORE (Aug 10): RHB Research is maintaining “neutral” on Centurion Corp with a target price of 47 cents on expectations of a 3.4% FY18F dividend yield.

SINGAPORE (June 4): Wee Hur Holdings announced that its 68.97%-owned Wee Hur PBSA Master Trust, through its wholly owned sub-trust, WH Gibbons Trust, is acquiring a freehold residential block at 13-23 Gibbons Street, Redfern, Sydney, Australia for A$52 mi

SINGAPORE (June 2): Mapletree Investments, the Temasek-backed property development, investment and capital management company, acquired a portfolio of assets from Kayne Anderson Real Estate Advisors worth US$1.6 billion ($2.2 billion).