Far East Orchard has successfully closed its first private student accommodation development fund, securing £96m in committed capital. This underscores Far East Orchard’s commitment to expanding its lodging platform and delivering long-term value to stakeholders through strategic investments and partnerships.
This move aligns with the company’s strategy to adopt an asset-light model and enhance its recurring fee-based income. The fund, which targets purpose-built student accommodation (PBSA) in key UK university cities, has already allocated over 35% of its capital to projects in Glasgow and Manchester.
Far East Orchard is a company based in Singapore, focusing on the lodging industry. It specialises in student accommodation and has developed competencies in investment, development, asset management, sales, and operations within the UK student accommodation sector.
They entered the PBSA sector in the UK in 2015. The company’s PBSA portfolio currently comprises close to 3,700 beds across key cities in the UK and three PBSA developments in Bristol which topped out in April 2025, in Glasgow which broke ground in the same month, and Manchester where the company acquired the site this year. With the completion of these developments, the Group’s total PBSA portfolio will expand to over 4,700 beds across 16 properties.
In 2024, Far East Orchard acquired a 49% stake in a UK PBSA operator, Homes for Students, which manages over 50,000 beds.
