Wee Hur gears up for growth with bigger ambitions

Wee Hur gears up for growth with bigger ambitions


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.



Source link

Posted in

Liam Redmond

As an editor at Forbes Los Angeles, I specialize in exploring business innovations and entrepreneurial success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.

Leave a Comment