Student Finance News

Starwood Teams up With Scape

Posted by Richard Ward in ,

Starwood Capital Group has entered into its first debt transaction in Australia, providing a EUR 123.5m facility to fund the construction of the world's tallest student accommodation tower.

Unite Group Raises New Equity

Posted by Richard Ward in

Unite Group has announced that the Unite UK Student Accommodation Fund (USAF) has raised £250 million of new equity from external investors. The proceeds represent 17% of USAF's NAV as of March 2019.

Investec Provides Loan for Guildford Scheme

Posted by Richard Ward in ,

Investec Structured Property Finance has revealed it will provide a £53.5m senior debt facility to a joint venture between Scape UK and HG Construction.

EU Students to Face Higher Fees?

Posted by Richard Ward in ,

Reports have surfaced that suggest the Government is proposing to withdraw home fee status and financial support to EU students starting courses in the 2021-22 academic year.

Homes for Students Projects Significant Revenue Growth

Posted by Richard Ward in

Homes for Students is on track to meet its revenue growth forecast of 69% for the next financial year and will operate over 20,000 student beds throughout the UK by the end of 2019.

Singapore Press Holdings Adds Thousands of Beds to Its Portfolio

Posted by Richard Ward in

Singapore Press Holdings (SPH) has completed the purchase of student accommodation assets worth £133.7 million, thereby increasing its portfolio by 1,243 beds to 5,059 across 20 assets in 10 cities.

Far East Orchard Buys Student Accommodation Assets

Posted by Richard Ward in ,

Singapore based Far East Orchard, has acquired three student accommodation schemes in Bristol and Liverpool for £55m.

Funding Secured for York Development

Posted by Richard Ward in ,

Maple Grove Developments, working in partnership with Yorvale, have completed a forward funding deal with iQ Student Accommodation to deliver a 98-bed scheme in York.

Aberdeen Accommodation up for Sale

Posted by Richard Ward in , ,

Three blocks of student accommodation at Abertay University have been put on the market.

Greystar Snaps up London Residence

Posted by Richard Ward in

Greystar has led a consortium of buyers that has purchased a purpose-built student accommodation asset in Shoreditch for £160m.