With average rents for student housing in Sydney having risen 50 percent since 2018, according to Knight Frank, and with leasing rates climbing in other urban centres, student housing is rapidly becoming a core asset class for institutional investors and… Read More>>
Greystar Closes on $1B Buy of GIC-Wee Hur Aussie Student Housing
Greystar has closed on its largest Asia Pacific acquisition to date with the US multi-family housing giant putting a final seal on its buy of an Australian student housing portfolio from Singapore sovereign fund GIC and SGX-listed Wee Hur Holdings.
Asia Real Estate People in the News 2025-03-24
China-based changes lead this week’s review of personnel moves from around Asia’s real estate industry with a Singaporean developer bidding farewell to its mainland chief at the same time that the Lion City’s biggest bank names a new leader for… Read More>>
Partners Group Buying Aussie Data Centre Player and More Asia Real Estate Headlines
Swiss private equity firm Partners Group agrees to buy Australian data centre platform GreenSquareDC, with that acquisition leading today’s headline roundup. Also in the news, banks refuse to write mortgages for a China Vanke project in Hong Kong and shareholders… Read More>>
Speaker Bio: Wee Ping Goh of Wee Hur Holdings MTD TV Productions
As Chief Executive Officer of Wee Hur Capital Pte Ltd, Goh Wee Ping is responsible for the Group’s fund management arm and currently focusing on executing strategies relating to Purpose Built Student Accommodation in Australia. He is also responsible to… Read More>>
Australian SWF Backs Greystar Student Housing Buy and More Asia Real Estate Headlines
The sovereign wealth fund of Australia’s government chips in to support US developer Greystar’s $1 billion student housing buy, with that Down Under partnership leading today’s headline roundup. Also on the list, e-commerce giant Alibaba steps away from offline stores… Read More>>
Greystar Agrees to Buy GIC-Wee Hur Aussie Student Housing for Over $1B
US multi-family giant Greystar has agreed to buy seven Australian student housing properties from a joint venture between Singaporean developer Wee Hur Holding and sovereign fund GIC for A$1.6 billion ($1.01 billion), confirming earlier reporting by Mingtiandi.
The acquisition of… Read More>>
GIC, Wee Hur in Talks to Sell Aussie Student Housing to Greystar in $1.1B Deal
US multi-family giant Greystar is closing in on a deal which would give it ownership of an Australian student housing portfolio spanning 5,662 beds, according to market sources who spoke with Mingtiandi.
The biggest rental housing landlord in the US… Read More>>
Singapore Developer’s Adelaide Plans Under Fire and More Asia Real Estate Headlines
Plans by Singapore developer Wee Hur to knock down a 171-year-old Adelaide hotel are the target of a local petition drive, with that story leading Mingtiandi’s real estate headlines from around the region today. A mainland developer financial failure also… Read More>>
GIC Buying 49% Stake in Aussie Student Housing Portfolio for $407M
A fund managed by SGX-listed real estate investment firm Wee Hur Holdings is selling a nearly half-stake in an Australian student housing portfolio for A$567.86 million ($407.24 million), with market sources identifying the buyer to Mingtiandi as a unit of… Read More>>