SPH commences £10.6m asset enhancement initiative on UK student accommodation
SINGAPORE Press Holdings (SPH) has commenced a £10.6 million (S$18.9 million) asset enhancement initiative to refurbish nine properties in its UK student accommodation portfolio.
This comes as the media group looks to meet the changing accommodation type preferences, as well as “maintain their competitive edge over other properties in the area”.
The refurbishment efforts will focus on assets under the Capitol Students brand acquired in September 2018, located in cities and towns with a predominantly domestic UK student population that is expected to grow, said the group on Wednesday …