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Wee Hur to expand student housing footprint in Australia

PC Lee Published on Fri, Jul 07, 2017 / 11:08 AM GMT+8

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SINGAPORE (July 7): Developer Wee Hur has set up a trust to fund and build 5,000 student accommodation beds in Australia’s major cities, starting with Brisbane and Adelaide.

See: 'Recession-proof' student housing attracts Singapore investors

In a Singapore Exchange filing on Thursday night, Wee Hur said subsidiary Wee Hur Master Trust, would acquire land in Australia that “the company identifies to be suitable for development into purpose-built student accommodation”.

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