Plymouth Grove in Manchester will provide 239 student beds (Image: Far East Orchard) Singapore’s Far East Orchard this week announced the final closing of its maiden private fund focused on purpose-built student accommodation in Britain, with the vehicle having secured £96 million ($129.5 million) in committed capital. Institutional investors contributed 63.5 percent of the capital to FE UK Student Accommodation Development Fund as Far East Orchard retained the remaining stake, said the SGX-l...

BGO’s Japan investments include the Rihga Royal Hotel Osaka North American fund manager BGO on Thursday announced the final closing of its Asia value-add strategy, with the real estate unit of Canadian insurer Sun Life having raised more than $5.1 billion in committed capital for the vehicle and co-investment sidecars. BGO Asia Fund IV, targeting office, hospitality and logistics opportunities in Japan, South Korea, Australia and Singapore, represents the largest closed-end capital raise in th...