Singapore's Wee Hur to sell student accommodation portfolio for $1 bln

Reuters

2024/12/16

Dec 16 (Reuters) - Singapore-based real estate investment management firm Wee Hur Holdings WHHL.SI said on Monday that it has agreed to sell its student accommodation portfolio to U.S.-headquartered real estate asset manager Greystar for a gross price of A$1.6 billion ($1.02 billion).

($1 = 1.5738 Australian dollars)

(Reporting by Shivangi Lahiri in Bengaluru; Editing by Sonia Cheema)

((Shivangi.Lahiri@thomsonreuters.com;))

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