Its properties include 10 freehold assets and 4 leasehold assets, and are situated in established university towns and cities with large full-time student populations, including London, Birmingham, Bristol, Huddersfield, Plymouth and Sheffield.
SINGAPORE (Sept 11): OCBC Investment Research is maintaining its “hold” call on Singapore Press Holdings (SPH) with an unchanged fair value estimate of $2.52, following the latter’s acquisition of a $321 million portfolio in the UK.
To recap, the portfolio comprises 14 buildings across six towns and cities in the UK and has a total capacity of 3,436 beds for student accommodation.
