Singapore's Wee Hur to Sell Its Student Housing Portfolio
Real Estate

Singapore's Wee Hur to Sell Its Student Housing Portfolio

Wee Hur Holdings, a Singapore-based real estate investment management firm, said on Monday that it will sell its student accommodation portfolio to real estate asset manager Greystar for a gross price of A$1.6 billion ($1.02 billion). Under the agreement, Wee Hur will retain an indirect stake in the portfolio via its Australian unit through a 13per cent equity interest in Greystar. The portfolio comprises of seven student accommodation assets spanning more than 5,500 beds across key Australian cities, the company said. Wee Hur said it will receive around S$320 million ($237.1 million) in net proceeds from the sale

Wee Hur Holdings, a Singapore-based real estate investment management firm, said on Monday that it will sell its student accommodation portfolio to real estate asset manager Greystar for a gross price of A$1.6 billion ($1.02 billion). Under the agreement, Wee Hur will retain an indirect stake in the portfolio via its Australian unit through a 13per cent equity interest in Greystar. The portfolio comprises of seven student accommodation assets spanning more than 5,500 beds across key Australian cities, the company said. Wee Hur said it will receive around S$320 million ($237.1 million) in net proceeds from the sale

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JK Tyre Strengthens Road Safety Commitment

Reinforcing its unwavering commitment to road safety, JK Tyre & Industries, a leader in the tyre manufacturing industry, partnered with the Delhi Traffic Police to organise a comprehensive Road Safety Awareness Week. This initiative, held as part of National Road Safety Month (January 1–31, 2025) spearheaded by the Ministry of Road Transport and Highways (MoRTH), aimed to foster responsible driving habits and reduce road accidents. Under the theme ‘Sadak Suraksha Jeevan Raksha,’ the initiative commenced on January 16, 2025, at the Delhi Police Traffic Training Park, BKS. The program feat..

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