Blackrock-linked Entity Sells UK Student Digs To Far East Orchard For £66.5m
A subsidiary of the Far East Organization has reached an agreement to purchase assets from a BlackRock-linked entity. The deal includes a pair of student dorms in the UK that will be sold to the Singapore-listed property developer, Far East Orchard for £66.5 million ($85 million).
The new acquisition in Leeds and Sheffield brings Far East Orchard’s UK student housing portfolio to 3,260 beds across 11 dorms in six cities as indicated in company filing …