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.
資金將用於在蘇格蘭的格拉斯哥建造一個273牀的學生住宿項目。
Far East Orchard has launched the FE UK Student Accommodation Development Fund (FESAD), its first private fund in Singapore.
遠東烏節在新加坡推出了FE英國學生住宿開發基金（FESAD），這是其在新加坡的第一隻私募基金。
The fund has achieved its first close of $120.6m (£70m), with a target of aggregate commitment of $172.3m (£100m).
該基金已實現了首次封閉，金額爲1.206億美元（7000萬英鎊），目標總承諾金額爲1.723億美元（1億英鎊）。
Far East Orchard's unit, Far East Orchard Investments (FEOI), has committed $60.3m (£35m) of the $120.13m (£70m) committed by limited partners.
遠東烏節的子公司遠東烏節投資（FEOI）已承諾出資1.203億美元（7000萬英鎊），佔有限合夥人承諾總額的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.
該基金目前在蘇格蘭的格拉斯哥擁有一個開發用地，該集團於3月份收購。在這片土地上將建造一個273牀的學生住宿項目。
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將投資於英國內的專爲學生住宿而建的開發機會（PBSA）。截至2024年上半年，該公司的英國PBSA組合已預訂了大約92%的學年，即2024年9月（AY24/25）開始的學年。
