StockMarketWire.com - St. Modwen Properties said it had completed on the sale of its interests in a student accommodation building at Swansea University for £38m.

The 411-bedroom accommodation was sold to academic infrastructure group University Partnerships Programme.

The planned sale marked the latest milestone in the delivery of the Swansea University Bay Campus, as part of St. Modwen's wider regeneration of the former industrial area into academic, residential and recreational space.

It followed the disposal of a first phase of student accommodation, totaling 2005 rooms, to UPP in February 2018.



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