Ascott Residence Trust to acquire student housing asset in US for $112 million

November 01, 2021 9:37 AM

SINGAPORE (THE BUSINESS TIMES) – Ascott Residence Trust (ART) will acquire a freehold 548-bed student accommodation asset in Champaign, Illinois for US$83.3 million (S$112.3 million), its managers said in a bourse filing on Monday (Nov 1).

Source : http://www.straitstimes.com/business/companies-markets/ascott-residence-trust-to-acquire-student-housing-asset-in-us-for-112