Last Tuesday, the real estate arm of Singapore Press Holdings (SPH), one of Asia’s leading media companies, announced that it had acquired £134 million (US$174 million) worth of student housing assets in three cities in Britain – Southampton, Sheffield and Leeds – in a deal that increases the size of its United Kingdom university accommodation portfolio to more than 5,000 beds in 10 cities, making SPH one of the leading players in the popular asset class. The transaction is the latest in a…