Sunway RE Capital Expands Student Accommodation Portfolio with New Acquisition of Freehold Purpose-Built Student Accommodation, Green Wood Court, in Southampton, UK
Retrieved on:
Monday, February 6, 2023
Green Wood Court has achieved a 100% occupancy rate for the academic year 2022/2023 and in 2018, Green Wood Court has been extensively refurbished with new carpets, bathrooms, showers, furniture, and fittings in 2018.
Key Points:
- Green Wood Court has achieved a 100% occupancy rate for the academic year 2022/2023 and in 2018, Green Wood Court has been extensively refurbished with new carpets, bathrooms, showers, furniture, and fittings in 2018.
- Please see APPENDIX A of this press release for pictures of Green Wood Court.
- There are opportunities for asset enhancement initiatives to add new studios within Green Wood Court and following the acquisition, Sunway RE Capital will be exploring its options to optimise the potential of this PBSA.
- Post-acquisition, Sunway RE Capital owns and manages a portfolio of 5 PBSA assets (AUM of GBP75 million) with over 800 beds spanning across key cities in the UK.