Centurion acquires second key worker accommodation asset in Western Australia
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Centurion has announced the acquisition of a key worker accommodation asset in South Hedland, Western Australia, comprising 77 apartments. This marks their second such acquisition in the region, following the purchase of Velocity Village and Velocity Motel earlier this month. The property is expected to meet the recurring demand from workers in the mining, resources, and healthcare sectors. CEO Kong Chee Min emphasized the company's intent to expand in this segment, while shares remained stable at S$1.65 before the announcement.
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