Invest in profit-generating portfolios in the world’s top education hubs with our global portfolios.
We place high importance in the financial returns and it is evident with our profit growth of 42% from S$1.27 million in 3Q 2016 to $1.8 million.
For the key markets that we are in, the rental growth ranges from 2.4% to 16%, and this translates to higher return on yield.
With our global accommodation management experience, our management works closely with local government agencies to ensure our properties are compliant to the local regulations.
We identify opportunities to grow the value of assets by enhancing the existing property.
Backed by dual-listed parent company, Centurion Corporation Limited, we have a strong financial management and process in place to ensure sound financial reporting.
AU – Growing Supply of Local and International Students Creates Rising Demand for PBSA
Historically within Australia the growth in students, both domestic and international, enrolled has outweighed the growth in PBSA – either halls provided by a University/Institution or by commercial providers. Taking future supply estimates into consideration, there still remains a significant shortfall in the supply of PBSA bedspaces across Australia.
US – One of the Largest Higher Education Population in the World
The US has 20.3 million students in higher education and more than 1 million international students in 2016, resulting in a continuously strong demand for student housing.
UK – Number of PBSA Beds Much Less Than Number of Full-Time Students
Occupancy in purpose-build student accommodation has grown more than 200% in the past decade, and there is still a lack of supply to meet the growing demand despite rise in rent rates in the past five years, with an estimate student to bed ratio of 2.2:1.
Our Parent Company
Centurion Corporation Limited is the only SGX-listed and SEHK-listed company offering investors exposure to the attractive workers and student accommodation sector. Centurion was listed on the SGX in 1995, and dual primary listed the SEHK on 12 December 2017. Within five years since 2014, Centurion’s diversified portfolio now comprises of 65,133 beds across 33 quality, purpose-built student and workers accommodation assets located in key markets all over the world.