Group’s chiefs consider its workers’ dormitory and construction businesses as key drivers of future growth
[SINGAPORE] Property developer Wee Hur is planning to launch another student housing strategy in Australia, with planning underway for a potential rollout in the third or fourth quarter of 2026.
The move follows the Singapore-listed company’s divestment of seven purpose-built student accommodation (PBSA) properties under its first PBSA Master Trust (Fund I) for A$1.6 billion (S$1.3 billion) to global investor Greystar in April 2025.
Wee Hur was able to monetise a substantial portion of its investment and re-allocate capital to new opportunities, while retaining a 13 per cent stake in the portfolio.
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