On 13 July 2026, Far East Orchard (FEOR) announced that its investment holding subsidiary is pursuing an exciting opportunity to develop a site dedicated to purpose-built student accommodation (PBSA) in London. This strategic move comes as part of their initiative to bolster their private student accommodation development fund, which aims to meet the growing demand for quality student housing in urban areas.
The Proposed Acquisition
According to a recent bourse filing dated 13 July, Far East Orchard Investment Holdings has entered into non-binding heads of terms (HOT) with LDC (Portfolio) Limited. This agreement pertains to the potential acquisition of a site situated at the junction of Borough High Street and Harper Road in London. This prime location is expected to attract a significant number of students, enhancing the site’s viability.
Partnership with LDC and Industry Context
LDC (Portfolio) Limited has connections with Unite Students, which is known as the largest provider of student accommodation in the UK. As of 30 June, Unite Students’ Unite UK Student Accommodation Fund (USAF) boasts an impressive property portfolio, comprising 22,932 beds across 57 properties located in 17 university towns and cities throughout the UK. This partnership is poised to leverage the extensive experience of Unite Students in the sector, ensuring that the proposed development meets the highest standards.