Wee Hur sells $1.37b asset to Greystar

The net proceeds will enable Wee Hur to reallocate its capital.

Wee Hur Holdings sold its seven Purpose-Built Student Accommodation assets to Greystar, a real estate investor, for $1.37b (A$1.6b).

The transaction involves the 100% sale of all property sub-trusts wholly owned by Wee Hur, with the company retaining a 13% stake through its wholly owned subsidiary Wee Hur (Australia).

The net proceeds will enable Wee Hur to reallocate its capital strategically, including reinvesting in existing businesses or exploring high-growth areas such as Wee Hur’s new core business, KK39, which focuses on venture capital, private equity, and private credit investments.

Following adjustments, Wee Hur will receive net sale proceeds of $320m. The transaction is expected to be completed within the next six months and is subject to Greystar obtaining Foreign Investment Review Board approvals.

($1=A$0.85)

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia