Centurion seeks ‘aggressive’ UK growth with new student housing fund

Singapore-based Centurion Corporation is planning to boost its UK PBSA portfolio with the launch of a second student accommodation private fund.

Centurion is seeking potential investors to fund plans to “aggressively grow” its UK offering over the next three years, operating under its “dwell Student Living” brand. It has not disclosed the size of the fund or the amount it plans to raise.

The company has increased its PBSA beds under management to 5,475 in 2018, from 456 in 2014. It operates 2,543 beds in the UK, accounting for nearly 50% of its total student housing portfolio.