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Sph Acquires Uk Student Housing Portfolio For $321m | AutoTraffic
SPH buys 14 UK student accommodation buildings for $321m
Singapore Press Holdings (SPH) acquired a portfolio of student accommodation buildings in the United Kingdom for $321m (£180.5m ... SPH noted that student accommodation in the UK stands at the nationa... read more
UK student accommodation buildings acquired by SPH for $321 million
The Singapore Press Holdings acquired 14 UK student ... in this sector.” Student accommodation offers better returns as investment properties than offices and residential housing, are recession-proof ... read more
GIC venture buys UK student housing portfolio worth $1.2b
Singapore sovereign wealth fund GIC and student accommodation developer GSA have acquired a portfolio of student accommodation ... which is among the leading developers and operators of student housin... read more
Mapletree bets more than £500m on UK business park
Including Green Park, Mapletree has shored up assets under management of about £1.4 billion in the UK since its foray into the country last year. Attracted to strong yields in UK student accommodation ... read more
This Week: Adults driving BMY, DDD streaming on Google Play, IDEA generating fast growth
The rest of this week sees the US releasing Housing Starts/Permits, the Fed Beige Book and Initial Jobless Claims. In the UK, Jobless Claims Change and ... SCLP SCIB1 8mg Update; SPH Trading Update; S... read more
UK acquisition could uplift SPH amidst media business declines
Also read: SPH buys 14 UK student accommodation buildings for $321m “Assuming that print revenue decline re-accelerates into FY 2019 (due to abating tailwinds from property advertising), the acquisiti... read more
SPH posts 6.3% drop in 1Q earnings to $58 mil on lower investments contribution
but partially offset by a $6.3 million contribution from the group’s newly acquired UK student accommodation portfolio. SPH said the rate of decline in print ad revenue was the slowest seen in four qu... read more
GIC, Mapletree fuel student housing spree in bid to spur returns
Student ... portfolio of student housing in the US, adding to the US$1.3 billion acquisition of University House Communities Group Inc. last year. GIC also partnered with Dubai-based GSA to invest in ... read more
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Time To Take Profit On Which Retail REITs?
Currently, SPH REIT is trading at 1.1 times its book value and Maybank Kim Eng believes that its current valuation has largely priced in potential acquisition of Seletar ... in rental reversions acros... read more
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