Far East Orchard subsidiary in early talks for private fund to acquire London site, develop PBSA
An investment holding subsidiary of Far East Orchard (FEOR) is entering talks to acquire a site in London to develop purpose-built student accommodation (PBSA) under its private student accommodation development fund.
According to a July 13 bourse filing, Far East Orchard Investment Holdings has entered into a non-binding heads of terms (HOT) with LDC (Portfolio) Limited for the proposed acquisition of a site at the junction of Borough High Street and Harper Road in London …