By: timothy.tay@edgeprop.sg | Posted on: Dec 09, 2019

Centurion Corp to acquire student accommodation asset in Nottingham for $27 mil

SINGAPORE (Dec 9): Dormitory operator Centurion Corporation is acquiring Archer House, a 177-bed student accommodation asset in Nottingham, UK, at a purchase consideration of 15.1 million pounds ($27.0 million).

Centurion’s second acquisition in Nottingham, this will bring the group’s UK portfolio to a total of over 2,850 beds across 11 purpose-built student accommodation (PBSA) assets in five cities.

Centurion plans to manage Archer House under its student accommodation brand, dwell.

Read more on The Edge Singapore


Source: https://www.edgeprop.sg/property-news/centurion-corp-acquire-student-accommodation-asset-nottingham-27-mil?utm_source=Facebook&utm_medium=article&utm_campaign=Echo


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