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Centurion confirms REIT IPO after announcing they have entered into letter agreements in connection with the proposed listing of Centurion Accommodation REIT, a real estate investment trust which would be sponsored by the Company. Centurion Accommodation REIT will be listed on the Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST). Do you know what business Centurion Corporation Limited does? Centurion is a leading provider of purpose-built worker accommodation assets in Singapore, Malaysia and China, and student accommodation assets in Australia, the United Kingdom (“UK”), United States (“US”) and China, with build-to-rent assets in China. As of 31st March 2025, Centurion manages a strong portfolio of 37 operational accommodation assets totalling 69,929 beds.
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The upcoming new REIT, Centurion Accommodation REIT’s principal investment strategy will be...