The company announced on June 10 that it submitted a listing application to the SGX and MAS. It said on July 14 that its spin-off REIT will be named Centurion Accommodation REIT.
The new REIT’s portfolio will include 14 assets comprising five purpose-built worker accommodation (PBWA) assets in Singapore, eight purpose-built student accommodation (PBSA) assets in the UK and one PBSA asset in Australia.
The REIT's acquisition of Epiisod Macquarie Park, located in Sydney, will only take place after the REIT's listing date. Epiisod Macquarie Park will be move-in ready in February 2026.
Shares in Centurion closed 2 cents lower or 1.124% down at $1.76 on Sept 10.
