Student Housing Planet: GMH Communities Trust Completes Sale of Military Housing Division to Balfour Beatty plc for Approximately $350.5 Million (PR Newswire)

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GMH Communities Trust Completes Sale of Military Housing Division to Balfour Beatty plc for Approximately $350.5 Million (PR Newswire)

GMH Communities Trust today announced the completion of the sale of its military housing division to a U.S. subsidiary of Balfour Beatty plc . The purchase price paid by Balfour Beatty at closing totaled approximately $350.5 million.

Link to full story

May 01, 2008 at 08:58 AM in Acquisitions, American Campus Communities (ACC), Financing, GMH Communities (GCT) | Permalink

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