LONDON—To read the first part of this story, click here.
The Barclays-PGGM deal involving UPP, as well as the JVs between UNITE and GIC and Seera’s investment, are just the latest in a string of student housing transactions done by institutions in the UK. GlobeSt.com reported last week that the Coral Student Portfolio, a student housing fund advised by CBRE, has entered into a new venture, the Student Development Partnership, to build projects throughout the UK. The venture has already invested in two developments in Birmingham (434 beds) and Coventry (404 beds), which will be managed by Victoria Hall Management (UK) Ltd. The projects, with an estimated value of
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