30th Oct 2017 15:53
GCP Student Living Plc - Investor Report 30 September 2017GCP Student Living Plc - Investor Report 30 September 2017
PR Newswire
London, October 30
GCP Student Living plc
(“GCP Student” or the “Company”, together with its subsidiaries the “Group”)
LEI: 2138004J4ID66FK38H25
Investor Report 30 September 2017
GCP Student Living plc, the UK’s first REIT focused on student residential assets, has published its Investor Report for the period to 30 September 2017. The report is available at:
https://www.graviscapital.com/funds/gcp-student/literature
For further information please contact:
Gravis Capital Management Limited +44 020 3405 8500
Tom Ward [email protected]Nick Barker [email protected]Dion Di Miceli [email protected]
About GCP Student Living
The Company was the first student accommodation REIT in the UK, investing in modern, purpose-built, private student residential accommodation and teaching facilities. Its investments are located primarily in and around London where the Investment Manager believes the Company is likely to benefit from supply and demand imbalances for student residential accommodation.
GCP Student’s property portfolio comprises nine assets with c.3,450 beds which are either currently fully operational or expected to complete construction / refurbishment over the next two academic years. At 30 September 2017, its property portfolio was valued at £672.1 million.
The Company’s standing properties are mainly occupied by international students and offer high specification facilities and hotel-level concierge type services which the Investment Manager believes are attractive to overseas students.
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