| Singapore’s sovereign wealth fund GIC and student accommodation developer GSA have bought a £700m portfolio of student halls – the largest deal in the sector this year. The pair acquired the portfolio from funds managed by Oaktree Capital Management, along with a new operating platform, The Student Housing Company, which is the brand the halls will be run under.
Overseas funds have become more active in the student sector in recent years, as the buildings move from being considered an alternative asset to being more mainstream.............................................Full Article: Source
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