Centurion (SGX:OU8) completed the acquisition of a purpose-built student accommodation in Sydney, Australia, EPIISOD Macquarie Park, according to a Tuesday filing with the Singapore Exchange.
Shares of the property developer were up over 5% in Wednesday trading.
The acquisition was completed under a forward purchase agreement and the issuance of a certificate of practical completion.
The new accommodation will be operated under the company's EPIISOD brand.
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