On a purpose-built student accommodation portfolio in the UK by Singapore Press Holdings (SPH), they recorded a revaluation gain of 6.7%, or S$38.4m. With an initial investment of 180.5m Euros and it’s expansion in the student accommodation sector, SPH was able to record this gain within a year.
Real Estate agency Cushman & Wakefield also gave rise to the revaluation gain by valuing the portfolio at 361.2m Euros.