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01 Apr 2025
Wee Hur completes disposal of 37.1% stake in PBSA segment for A$355.4 mil
Summary: Wee Hur Holdings Ltd. has finalized the sale of its 37.1% indirect interest in a portfolio of Australian student accommodation properties to Evolution Trustees Limited, acting as trustee for GS Australia Student Venture I Mid Trust.The transaction, valued at A$355.4 million (approximately S$319.8 million), was completed on 1 April 2025. Following this disposal, Wee Hur Holdings retains a 13% indirect stake in the portfolio through WH Australia.