Arlington buys major UK student accommodation

Arlington Investor has acquired a portfolio of 2,458 beds of purpose built student accommodation as the majority partner in a joint venture with Equitix. The £280-million ($354 million) acquisition is one of the largest UK student accommodation transactions of 2018. Arlington strengthened his position in England with this portfolio. The direct let portfolio consist of …

Unite Students acquires new site in Manchester

Unite Students, the UK’s leading manager and developer of student accommodation, has exchanged contracts to acquire a development site in Manchester, on a subject to planning basis.  The site, in Manchester city centre, is located near to the University of Manchester and is anticipated to provide a home for around 450 students. The acquisition is …

Singapore’s GIC acquires UK student housing portfolio from Oaktree

In a partnership between GSA, the global student accommodation leader and GIC, Singapore’s sovereign wealth fund, GSA announces that it has acquired a 7,150-bed UK student accommodation portfolio from funds managed by Oaktree Capital Management, L.P. (“Oaktree”). The transaction is the UK’s largest student accommodation deal so far this year. The portfolio has been built …