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Pension Infrastructure Platform to Invest Heavily in Student Housing

Posted by Richard Ward in , ,

Image courtesy of Flickr, Creative Commons

Arlington Advisors is teaming up with Pensions Infrastructure Platform (PiP) to invest in the UK's student housing market.

Pip, an infrastructure investment platform for UK pension funds, has entered into a strategic partnership with Arlington Advisors, to invest in accommodation situated on university campuses.

Arlington Advisors, which offers advice to European and Middle Eastern investors, has pumped more than £500 million into UK student housing in recent years.

The company said it will help PiP increase its exposure to student housing and in particular, those situated on-campus.

According to the advisory firm, universities are increasingly looking to bring in outside investment and expertise to bring forward on-campus student accommodation developments.

Founder and chief executive of Arlington Advisors, George Shweiry, said: "We are continuing to see record levels of demand for high quality, appropriately priced and well-maintained student accommodation, and universities are increasingly recognising the value in partnering with professional investors and managers."

Meanwhile, Mike Weston, chief executive of PiP added: "PiP is focused on core investment that delivers long-term, inflation-linked cash flows, and we see student accommodation as a key growth opportunity in this market that provides these attributes for UK pension schemes."

Arlington has so far invested in 7,800 student beds across 10 UK cities. The company acquired over £250 million of student housing assets in 2016 and is looking to increase the pace of investment in 2017 and 2018.