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UOL Moves Into Student Housing, Buys UK Property for $75.6m
The Straits Times
|August 18, 2025
It will lease back Varley Park to University of Brighton for steady rental income
The real estate company that owns Pan Pacific and Parkroyal hotels has made its first move into student housing, expanding its business beyond hospitality, residential and commercial properties. Singapore-listed UOL Group on Aug 14 said it has made successful inroads into Britain's student accommodation sector with the acquisition of Varley Park in Brighton for £43.5 million (S$75.6 million).
The 22-block complex is located on more than 2.8ha of land, or the size of four football fields, and comprises 771 student beds. It includes an amenity block with modern conferencing facilities and a dining hall. The property will be leased back to the University of Brighton under an agreement that ensures steady rental income.
Cette histoire est tirée de l'édition August 18, 2025 de The Straits Times.
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