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ASCOTT AND ASCOTT RESIDENCE TRUST JOINTLY INVEST AND DEVELOP STUDENT ACCOMMODATION PROPERTY IN SOUTH CAROLINA, USA FOR US$109 9 MILLION

ASCOTT AND ASCOTT RESIDENCE TRUST JOINTLY INVEST AND DEVELOP STUDENT ACCOMMODATION PROPERTY IN SOUTH CAROLINA, USA FOR US$109 9 MILLION
travpr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from travpr.com Daily Mail and Mail on Sunday newspapers.

Chemical spill causes evacuation of Georgia Tech building

Chemical spill causes evacuation of Georgia Tech building By FOX 5 Atlanta Digital Team Published  s after a chemical spill Thursday afternoon for a couple of hours. The Georgia Tech Police Department asked people to avoid the school s Technology Enterprise Park while they contained the spill. According to Georgia Tech, the building is used by the school s Department of Biomedical Engineering as a research space and houses biomolecular analysis equipment.  While officials have not said what caused the spill, they say the building was evacuated out of caution and are working to resolve the issue. The all-clear was given about two hours after the alert.

Dunwoody denies High Street tax break; $60M for Tech Enterprise Park building

Dunwoody denies High Street tax break; $60M for Tech Enterprise Park building
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

ASCOTT RESIDENCE TRUST FORAYS INTO THE STUDENT ACCOMMODATION ASSET CLASS WITH FIRST ACQUISITION IN THE USA FOR US$95 MILLION

  ASCOTT RESIDENCE TRUST FORAYS INTO THE STUDENT ACCOMMODATION ASSET CLASS WITH FIRST ACQUISITION IN THE USA FOR US$95 MILLION Industry: (TRAVPR.COM) SINGAPORE - January 27th, 2021 - Ascott Residence Trust (ART) will foray into the student accommodation asset class with its first acquisition in the United States of America (USA) for US$95 million (S$126.3 million). The purpose-built student accommodation asset, Signature West Midtown, is a freehold property with 525 beds across 183 units located in the heart of Atlanta, Georgia. The transaction is expected to be completed by end 1Q 2021. In conjunction with the acquisition, ART will expand its investment mandate to include student accommodation. The accretive acquisition will increase the pro forma FY 2020 Distribution per Stapled Security (DPS) by approximately 4.4%.

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