Going British: Centurion acquires 1,906 bedrooms in the UK
It's a groundbreaking $165 million expansion into Europe's student market.
Centurion Corporation Limited announced earlier today that they are tapping into new markets and acquiring four existing UK student accommodation developments with a total capacity of 1,906 bedrooms.
The company enumerated the properties as follows: Manchester Student Village, Manchester Student Village South, The Grafton and Cathedral Campus, all of which are currently managed by MCR Property Group, a privately owned property company which invests in and develops commercial and residential property throughout the United Kingdom.
The four acquisitions are a short distance from the main Oxford road, the University of Manchester, Manchester Metropolitan Universtity, Liverpool John Moores University and Liverpool Institute of Performing Arts.