SUBSCRIBERS

Centurion to buy another student housing asset in the US

It plans to acquire College & Crown, a 160-unit facility near Yale University for US$70m

Published Thu, Aug 10, 2017 · 09:50 PM

Singapore

CENTURION Corporation announced on Thursday plans to acquire College & Crown, a 160-unit student accommodation asset with 204 beds near Yale University in the US, for US$70 million (S$95 million).

This follows its maiden entry in the US last month with a proposed acquisition of a portfolio of 1,936 beds across five student accommodation assets for US$136 million.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes