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

By Stanislaus Jude Chan / The Edge Singapore | December 9, 2019 2:42 PM SGT
Centurion plans to manage Archer House under its student accommodation brand, dwell (Picture: Centurion Corp)
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.
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