Mapletree Buys Pair of UK Student Housing Properties for £96M
Singapore-headquartered investor and developer, Mapletree Investments, a unit of Temasek has strengthened its property portfolio in the UK.
The company has completed an acquisition of a pair of purpose built student housing properties in the UK, with the investor and developer paying Unite Students, UK’s largest provider of student accommodations, $117 million for the assets.
The newest acquisition follows an earlier acquisition for a 224 bed property in Norwich and a set of acquisitions on student dormitories in North America in a SG $1.6 billion spending spree.
Full article by James Hatton, Mingtiandi: View full article here