Far East Orchard Limited (“Far East Orchard”) is a property developer, hospitality owner and operator with a diversified property investment portfolio comprising purpose-built student accommodation (“PBSA”) and medical suites. Far East Orchard has been listed on the Mainboard of the Singapore Exchange since 1968. It is a member of Far East Organization, Singapore’s largest private property developer.
Established since 1967, Far East Orchard has developed residential, commercial, hospitality and PBSA properties in Australia, Malaysia, Singapore and the United Kingdom (“UK”).
Redefining itself through a strategic transformation of the business in 2012, Far East Orchard expanded into the complementary businesses of hospitality management and healthcare real estate. In 2015, it diversified its real estate portfolio to include PBSA properties in the UK.
Far East Orchard’s current development projects include Woods Square, an integrated office development at Woodlands Regional Centre, Singapore’s Northern Gateway, developed with Far East Organization and Sekisui House, Ltd. It is also redeveloping the former Westminster Fire Station located in the prime central borough of the City of Westminster, London, UK, into a mixed-use development comprising residential apartments and a restaurant.
Recent completions include two PBSA properties in the UK - Hollingbury House in Brighton and Newton Court in Newcastle upon Tyne - and Harbourfront Balmain, a mixed-use residential and retail/commercial development in Australia along Sydney's iconic harbourfront.
Through its hospitality partnerships with The Straits Trading Company and Toga Group, Far East Orchard’s hospitality arm - Far East Hospitality - owns more than 10 hospitality assets and manages over 95 properties with more than 15,500 rooms in Australia, Denmark, Germany, Hungary, Malaysia, New Zealand and Singapore. Its stable of nine unique and complementary hospitality brands are Oasia, Quincy, Rendezvous, Village, Far East Collection, Adina Apartment Hotels and Adina Serviced Apartments, Vibe Hotels, Travelodge Hotels and TFE Hotels Collection. In 2018, Far East Hospitality made its first foray into Japan via a joint acquisition of a hotel project in Ariake, Tokyo with Far East Organization.
Far East Orchard has a PBSA portfolio in the UK comprising 3,260 beds in the cities of Brighton, Bristol, Leeds, Liverpool, Newcastle upon Tyne and Sheffield. This includes the completion of the development of the 195-bed Hollingbury House in Brighton and 1,596 beds added in 2019 through the acquisition of five freehold student accommodation properties in Bristol, Leeds, Liverpool and Sheffield. The Group also holds a portfolio of purpose-built medical suites for lease and for sale in Singapore's premier medical hub in Novena.