Ascott buys US student accommodation property via $204.8m joint venture

2022-02-02

February 03, 2022 9:51 AM

SINGAPORE (THE BUSINESS TIMES) – CapitaLand Investment Limited’s (CLI) wholly-owned lodging business unit, The Ascott Ltd, is acquiring a freehold student accommodation asset in Nebraska, US, through a joint venture with total US$150 million (S$204.8 million) in committed equity between Ascott and Riyad Capital.

Source : https://www.straitstimes.com/business/companies-markets/ascott-buys-us-student-accommodation-property-via-2048m-joint-venture

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Ascott buys US student accommodation property via $204.8m joint venture

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