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HS Optimus Partners with Fathom Group for Student Accommodation Development in Melbourne

Story Highlights
  • HS Optimus partners with Fathom Group to develop a student accommodation in Melbourne.
  • The project addresses Australia’s PBSA undersupply, with planning in public notification phase.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

HS Optimus Holdings Limited ( (SG:504) ) just unveiled an announcement.

HS Optimus Holdings Limited has entered into a Development Management Agreement with Australia’s Fathom Group to develop a Purpose-Built Student Accommodation (PBSA) at Lincoln Square South in Carlton, Victoria. This development is in response to the significant undersupply of PBSA in Australia, particularly in Melbourne, as highlighted by CBRE. The planning permit application has been submitted to the Melbourne City Council and is currently undergoing the public notification process, which allows stakeholders to provide feedback.

More about HS Optimus Holdings Limited

HS Optimus Holdings Limited, incorporated in Singapore, operates in the real estate industry with a focus on property development and management. The company, through its subsidiaries, engages in various real estate projects, including student accommodations.

Current Market Cap: S$10.76M

For an in-depth examination of 504 stock, go to TipRanks’ Stock Analysis page.

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