Far East Orchard Launches Student Housing Fund, Secures £70m in First Close
Far East Orchard Launches Student Housing Fund, Secures £70m in First Close
Far East Orchard's unit, Far East Orchard Investments (FEOI), has committed $60.3m (£35m) of the $120.13m (£70m) committed by limited partners.The funding will be used to construct a 273-bed student accommodation project in Glasgow, Scotland.
资金将用于在苏格兰的格拉斯哥建造一个273床的学生住宿项目。
Far East Orchard has launched the FE UK Student Accommodation Development Fund (FESAD), its first private fund in Singapore.
远东乌节在新加坡推出了FE英国学生住宿开发基金（FESAD），这是其在新加坡的第一只私募基金。
The fund has achieved its first close of $120.6m (£70m), with a target of aggregate commitment of $172.3m (£100m).
该基金已实现了首次封闭，金额为1.206亿美元（7000万英镑），目标总承诺金额为1.723亿美元（1亿英镑）。
Far East Orchard's unit, Far East Orchard Investments (FEOI), has committed $60.3m (£35m) of the $120.13m (£70m) committed by limited partners.
远东乌节的子公司远东乌节投资（FEOI）已承诺出资1.203亿美元（7000万英镑），占有限合伙人承诺总额的50%。
The fund is currently seeded with a development site in Glasgow, Scotland, which the group acquired in March. A 273-bed student accommodation project will be constructed on this site.
该基金目前在苏格兰的格拉斯哥拥有一个开发用地，该集团于3月份收购。在这片土地上将建造一个273床的学生住宿项目。
FESAD will invest in Purpose-Built Student Accommodation (PBSA) development opportunities within the United Kingdom (UK). As of H1 2024, the company's UK PBSA portfolio had reservations of around 92% for the academic year commencing September 2024 (AY24/25).
FESAD将投资于英国内的专为学生住宿而建的开发机会（PBSA）。截至2024年上半年，该公司的英国PBSA组合已预订了大约92%的学年，即2024年9月（AY24/25）开始的学年。