The property, which is also known as Emily Davies, is located at 1 Fitzhugh Street in Southampton, southwest of London. Spanning an area of 1,380 sqm, the property was refurbished in 2021 with a newly added amenity block. The new block includes facilities such as a gym, cinema room, games room, large open study space and a private dining room.
Far East Orchard has acquired a 180-bed freehold student accommodation property in the UK for GBP13.9 million ($22.9 million).
The sale and purchase agreement (SPA) was entered into by Far East Orchard’s wholly-owned subsidiary, IUKSeven, and Empiric Limited on Dec 8.
