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Home / News / Ma

SPH acquires 7 UK student accommodation properties for $806 mil

M&A

SPH acquires 7 UK student accommodation properties for $806 mil

Uma Devi Published on Mon, Dec 23, 2019 / 10:46 AM GMT+8

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SINGAPORE (Dec 23): Singapore Press Holdings (SPH) is adding seven purpose-built student accommodation assets (PBSAs) to its portfolio for a price tag of £448 million ($806.4 million), the group reported on Monday.

The acquisition comprise five stabilised assets in York, Cambridge, Bath, Edinburgh and Durham, and two development assets in Brighton and Oxford.

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