student dorms

Investors focus on SPH as asset recycling  appears imminent - THE EDGE SINGAPORE

REITs

Investors focus on SPH as asset recycling appears imminent

SPH is in focus because of restructuring, and the recycling of assets into SPH REIT and a student dorm REIT
Interest in SPH driven by technical breakout, future REIT IPO and STI tests 2020 high - THE EDGE SINGAPORE

Right Timing

Interest in SPH driven by technical breakout, future REIT IPO and STI tests 2020 high

SIA is likely to progressively move higher over the next several weeks. SPH is attracting interest because it plans a REIT IPO

M&A

Centurion to acquire dorms near Yale for US$70 mil

SINGAPORE (Aug 10): Centurion Corp announced it is acquiring College & Crown, a 160-unit student accommodation located within walking distance to Yale University in Connecticut, US for a consideration of about US$70 million ($95 million).

M&A

Centurion acquiring 5 US varsity dorms for $187 mil; to take up to 30% stake in portfolio

SINGAPORE (July 24): Centurion Corporation is planning to acquire a portfolio of 1,936 beds in five student accommodation assets in US for a consideration of US$136 million ($187 million).
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