The Business Times

student accommodation

Companies & Markets

Centurion Accommodation Reit kicks off public offer of units at S$0.88 each for SGX mainboard listing

Demand is expected to surge higher, with the Australian government announcing in August 2025 that it will raise its cap on foreign students by 9 per cent to 295,000 in 2026.
Global Enterprise

Mapletree enters Australia student housing market with Perth acquisition

Traditionally, immigration is estimated to add to both demand and supply reasonably evenly, suggesting they cancel each other out in terms of economic impact.
Property

RBA finds foreign students add to Australia’s housing demand

The move is part of Macquarie’s strategy of growing its private markets unit overseas after offloading its international public assets to Nomura.
Property

Macquarie to buy 12,000 student beds in Europe real estate push

Centurion's Q1 FY2025 revenue rose 13 per cent year-on-year to S$69 million, driven by higher rental rates for its Singapore dormitories.  Pictured is the company's chief executive, Kong Chee Min. PHOTO: BT FILE
Companies & Markets
BROKERS’ TAKE

Centurion seen as small-cap ‘jewel’ amid demand for dormitory spaces, potential Reit listing

The acquisition marks the group’s maiden entry into the city of Manchester, and brings its portfolio of existing and pipeline PBSA assets to over 4,900 beds.
Companies & Markets

Far East Orchard acquires Manchester purpose-built student accommodation site for £10.9 million

Benson Yard, UK
Companies & Markets

CDL Hospitality Trusts ventures into student accommodation with £37.3 million UK deal

Wee Hur’s purpose-built student accommodation at 124 Waymouth Street in Adelaide. An Oct 15 Australian Financial Review report said that US multifamily fund Greystar was acquiring GIC’s PBSA business for A$1.6 billion (S$1.4 billion). It said Wee Hur, which sold GIC a 49.9 per cent stake in 2022, is expected to retain a stake as GIC transfers ownership of its holding to Greystar.
Companies & Markets

Wee Hur exits student accommodation business for A$1.6 billion

Contribution from the purpose-built student accommodation segment is seasonally lower in Q3 due to the six-week summer break in the United Kingdom.
Reits & Property

Far East Orchard 9M profit more than doubles to S$16.9 million on strong H1 performance

Wee Hur says A$1.6 billion student accommodation sale not a done deal yet
Companies & Markets

Wee Hur says A$1.6 billion student accommodation sale not a done deal yet

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