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

Wee Hur Holdings

16/12/2024 10:54

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;))