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Sunway RE Capital Expands Student Accommodation Portfolio with New Acquisition of Freehold Purpose-Built Student Accommodation, Green Wood Court, in Southampton, UK

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6 minutes

With 233 beds arranged as 217 non en-suites and 16 studios, Green Wood Court has achieved a 100% occupancy rate for the academic year 2022/2023The freehold Purpose-Built Student Accommodation ("PBSA"), Green Wood Court, is located just a few minutes' walk from the University of Southampton's Highfield and Bolderwood campuses with established connection links to the UK and rest of EuropeGreen Wood Court has undergone extensive refurbishments in 2018 and there are opportunities for asset enhancement initiatives to add new studios within the PBSAUniversity of Southampton is a global top 100 university and is also ranked one of the top 13 university in the UK, with a community of over 6,500 international students from 135 countriesResilient, healthy demand for Green Wood Court by students of University of Southamptonwith limited supply of PBSAs in the areaPost-acquisition, Sunway RE Capital owns and manages a portfolio of 5 PBSA assets (AUM of £75 million) with over 800 beds spanning across key cities in the UKMalaysia, Singapore, Feb 6, 2023 - (ACN Newswire via SEAPRWire.com) - Sunway RE Capital ("Sunway RE Capital"), a platform for international real estate investments of Sunway Grou...

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‘Switching On the SUN’ – Samaiden Officially Turns on First Power Generation Facility at Sunway Nexis

indie
2 minutes

PETALING JAYA, Malaysia, Dec 23, 2022 - (ACN Newswire via SEAPRWire.com) - Samaiden Group Berhad (Bursa: SAMAIDEN, 0223), a clean energy solution specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power, is pleased to announce that the Group's wholly-owned subsidiary, Samaiden Capital Management Sdn. Bhd.'s first solar investment project at Sunway Nexis has commenced operation on 23 December 2022.Sunway Nexis Management Corporation Chairman, Mr. Teo Poh Heng[L]; Group Managing Director of Samaiden, Ir. Chow Pui HeeSamaiden will operate and maintain the rooftop solar PV system with an installed capacity of 531 kilowatt-peak (kWp) for a duration of 20 years. Based on the generation of 12.5 million kilowatt hour (kWh) over the 20-year period, this can reduce approximately 8,400 tonnes of carbon emissions.Group Managing Director of Samaiden, Ir. Chow Pui Hee said, "As part of the diversification plan for our Group, we are delighted to see the completion of this first investment project, in which the Power Purchase Agreement (PPA) was signed with Perbadanan Pengurusan Sunway Nexis (Sunway Nexis Manag...