Centurion offers early lease termination for UK students
It expects up to £5m revenue loss as a result of lower occupancies
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
HOUSING operator Centurion Corp on Monday said it will allow students residing at its UK accommodation the option of leaving their tenancies early for the current academic year. This is applicable for the remainder of the UK academic year 2019-2020 (AY19/20) from May 1 till the end of August.
The move comes as the UK government has put in place a nationwide lockdown to contain the spread of the novel coronavirus.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts