It has been held under the Mapletree Global Student Accommodation Private Trust since 2017, a fund managed by Mapletree Real Estate Advisors, as part of Mapletree's bid then to go big into the student housing market.
Mapletree Investments has sold a student housing called The Cottages of Boone. The transacted amount and buyer was not disclosed.
The Cottages of Boone is a 894-bed student housing asset serving Appalachian State University in North Carolina.
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