Asia

Telok Kurau site purchased for $40 mil to be operated as ‘premium student hostel’

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A land parcel of 104,469 sq ft with a 103-year lease at 116 Lorong J Telok Kurau was sold for $40 million ($382.89 psf) in November 2022, according to a SISV Realink caveat. The property is currently being renovated and converted into a 430-bed "premium student hostel", says Lim of The Assembly Place.
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Inbound Insight: Pakistan

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In this Inbound Insight series article, we look at the rising number of students from Pakistan choosing to study abroad, and explore what this cohort looks...
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Evidence of shrinking Chinese market for UK study continues to mount

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The number of international students studying in the UK reached an all-time high in 2021/22, with the UK hosting a total of 679,970 international...

Chuan Hup acquires majority stake in student accommodation business for $5.3 mil

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Chuan Hup Holdings, on May 8, announced that it has completed its acquisition of 51% of the total shares in Homestead Capital, a newly-incorporated investment holding company that holds all the paid-up shares in Homestead KS. Homestead KS is a company that holds, leases, operates and manages properties for the student accommodation business.

Global Reach & University Living launch overseas student accommodation platform

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Global Reach, a Premier overseas education consultant company since 1991 having 35 locations in the Indian SubContinent and University Living Accommodation, a trusted student housing platform announced their partnership to offer students planning to study overseas, a unique accommodation experience worldwide.
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Immigration Agent Fraud Leaves Indian Students Facing Deportation

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Up to 700 Indian students face deportation from Canada after authorities discovered that the documentation used by the students to obtain study visas for...

Singapore’s Centurion Sells Seoul Student Housing Asset to Exit South Korea

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Singapore-based Centurion Corp has sold off its sole student housing property in South Korea in a deal valued at KRW 21.25 billion ($16 million), as the rental residential specialist narrows the scope of it student accommodation strategy.
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Japan commits to a decade of student mobility growth

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The Japanese government has announced an ambitious goal of attracting 400,000 inbound international students and increasing the number of Japanese outbound students to 500,000...
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Inbound Insight: Nepal

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In this Inbound Insight series article, we look at the rising number of students from Nepal choosing to study abroad, and explore what this cohort...

Rush Desai Teams With Scape Founders to Establish Fund Manager Varsity Group Asia

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Rushabh Desai, former Asia Pacific CEO of Allianz Real Estate, has joined forces with Stephen Gaitanos and Craig Carracher, the co-founders of rental housing developer Scape Australia, to launch Varsity Group Asia, a fund management business targeting high-growth alternative real estate sectors in Asia Pacific.
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