GCP Student Records Quarterly Increase in Portfolio Value

Posted by Richard Ward in

GCP Student Living plc, which was the first student accommodation REIT in the UK, has reported a quarter-on-quarter increase in NAV per share of 3.2% at the end of Dec-18 to 156.4 pence.


Watkin Jones Beats Expectations

Posted by Richard Ward in

Watkin Jones has reported a rise in annual profits slightly above expectations, driven by student accommodation sales.


Arlington Investors Acquires Portfolio from Fusion Students

Posted by Richard Ward in ,

Arlington Investors has purchased a student accommodation portfolio consisting of 2,458 beds for GBP 280 million.


Student Loans to Increase UK's Deficit

Posted by Richard Ward in ,

A change in how student loans are accounted for could place further pressure on government to lower the cost of tuition fees.


Universities Face Job Cuts

Posted by Richard Ward in ,

A number of universities are warning staff to prepare for redundancies in the new year.


Index Points to Strong Returns in The Capital

Posted by Richard Ward in

The newly released CBRE Student Accommodation Index has reported capital increases in the sector of 6.5% year-on-year for the 12-month period ending September 2018.


Spark's Bankruptcy Raises Questions for Lettings Market

Posted by Richard Ward in ,

Ovo Energy has confirmed it has entered into a conditional agreement to acquire Spark, the operating company of Spark Energy, after its supply arm ceased trading.


Urbanest Secured £125m Loan

Posted by Richard Ward in ,

Urbanest has agreed a £125m financing deal with M&G Investments to build a 650-bed block of accommodation for students from King's College London.


Council Seeks Powers to Introduce Business Rates

Posted by Richard Ward in

Bath and North East Somerset Council is asking for powers to raise the funds required to keep its services running.


Guildford Council Drops Investment Plans

Posted by Richard Ward in ,

Guildford Borough Council has suspended plans to spend £81 million on student accommodation.


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