Far East Orchard:
The mainboard-listed property player has added three freehold properties to its British student housing portfolio. It paid £55 million in cash for two purpose-built student housing assets in Bristol and one in Liverpool. This is shy of a combined market value of £57.6 million as at March 4. Far East Orchard plans to ink a facility management arrangement with an operator that is already managing its other student housing properties in Newcastle upon Tyne.
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OUE buys stake in F&B player from Riady investment vehicleMAINBOARD-LISTED OUE has picked up food and beverage outlet operator Superfood Retail as a new associate company, in a transaction announced on Friday night. Read more at The Business Times.
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