Far East Orchard broadens European footprint with Spanish acquisition and new Italian unit

SGX Filings

Aug 06

Far East Orchard Limited (O10) said on Aug, 06 2026 that its 84%-owned UK student-housing arm, Homes for Students, bought 100% of newly formed Spanish entity Orla Living S.L. on Mar, 20 2026. The deal cost about 0.01 million Singapore dollars (around €3,600) and was fully funded with internal resources.

Following the purchase, Orla Living S.L. became a subsidiary of the group. The Madrid-based company was incorporated on Jan, 12 2026 to acquire, develop and manage real-estate assets.

Separately, Homes for Students incorporated Orla Living S.R.L. in Italy on Mar, 31 2026 with an issued capital of roughly 0.02 million Singapore dollars (about €10,000). The new unit, wholly owned by Homes for Students, will focus on renting and managing owned or leased real estate.

Far East Orchard said both moves are not expected to have any material effect on its earnings per share or net tangible assets for the financial year ending Dec, 31 2026.

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