Far East Orchard to buy London freehold site for £60 million for 444-bed student housing project
Bitget2026/09/24 15:27- Far East Orchard’s UK student housing fund agreed to buy a freehold development site at 325 Borough High Street, London, for GBP 60 million.
- Project planned as a 444-bed purpose-built student accommodation scheme, with a separate eight-unit key worker block.
- Deal set to complete in 4Q26; construction targeted to start in 4Q26; practical completion targeted in 2029.
- Fund holds 85% of the joint venture vehicle; co-investors Far East Orchard Investments (UK) and Aurum hold 7.5% each.
- Transaction fully deploys committed fund capital; lifts the fund’s development pipeline to 956 beds across London, Manchester, Glasgow.
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