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
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.
TRENDING NOW
Despite the de-dollarisation debate, demand for dollar liquidity in Asia is growing
URA to review guidelines on floor space to give developers more design flexibility: Chee Hong Tat
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Can a first-time homebuyer couple earning S$18,000 a month afford a new EC unit?
