Student accommodation developer sells nine properties for £212m - East Midlands Business Link
6 Articles
6 Articles
Lone Star Funds will take over a portfolio of nine ad hoc student housing facilities in the UK
The growing demand for student accommodation in Europe is driving the development of the PBSA sector. Poland, with its deficit of student beds, is also becoming an attractive market for investors, although it is not yet among the European leaders.
Student accommodation developer sells nine properties for £212m - East Midlands Business Link
Unite Students, the owner, manager and developer of student accommodation, has sold a portfolio of nine properties, comprising 3,656 beds for £212 million, to an affiliate of Lone Star Funds. The disposal portfolio includes assets in Aberdeen, Leicester, Leeds, Nottingham and Sheffield. It includes St. Martins House, Newarke Point and Grange Lane Apartments in Leicester […]
Student accommodation developer sells nine properties for £212m - Business Link Magazine
Unite Students, the owner, manager and developer of student accommodation, has sold a portfolio of nine properties, comprising 3,656 beds for £212 million, to an affiliate of Lone Star Funds. The disposal portfolio includes assets in Aberdeen, Leicester, Leeds, Nottingham and Sheffield.
Unite sells student accommodation portfolio for £212m
Unite Students has sold a portfolio of nine student accommodation properties, comprising 3,656 beds, for £212m (Unite share: £140m) to an affiliate of Lone Star Funds. The disposal is part of the group’s strategy to increase alignment to high and mid-ranked universities and properties with the strongest prospects for sustainable long-term rental growth. The disposal […]
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