Centurion expands US footprint

Centurion Corporation, a mainboard-listed company, has announced plans to acquire College & Crown, a student accommodation asset located near Yale University in the United States, for US$70 million (S$95.3 million). The group will enter a joint ventu
PHOTO: CENTURION CORPORATION

Centurion Corporation, a mainboard-listed company, has announced plans to acquire College & Crown, a student accommodation asset located near Yale University in the United States, for US$70 million (S$95.3 million). The group will enter a joint venture with a student accommodation manager to co-manage College & Crown under its student accommodation brand - dwell. This latest purchase comes after the company announced last month that it was buying five US student accommodation assets for US$136 million.

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A version of this article appeared in the print edition of The Straits Times on August 11, 2017, with the headline 'Centurion expands US footprint'. Print Edition | Subscribe