Investors from Gulf Buys 8 Student Properties in UK for £270M

Investment in the UK’s student properties has always proved lucrative for the investors because each year a huge number of foreign students arrive in the country to receive higher education. As a result of that demand for student properties in the UK always remain on the higher side. In fact, when UK’s economy received some serious jerks a few years ago, even than demand for student properties did not plunged down too much. This not only showed strength of the sector, but also raised the confidence of investors, who were under great stress at that point in time. Now once again the future of student accommodation in the UK is looking bright, as the economy of the country is recovering from recession and more investors are investing in the sector. This can be judged from the latest report of Arabian Business.com, which revealed that a group of investors from the Gulf has spent £270 million to acquire eight student properties in the United Kingdom.

 

The report also mentioned that investors from the Gulf were guided by Arlington Investors. While, the £270 million deal was a 50, 50 equity partnership between the Gulf investors and Campus Living Villages (CLV) that is a premium student properties operator in the country. According to a statement, this was first acquisition which London based Arlington Investors has made as a company that represents majority of families from Middle East. The statement also divulged that eight student properties deal was financed through a £210 million bond that has a 50-year maturity and it is subscribed by one of the leading insurance company in the UK. The eight student properties which Arlington has bought are located in London, Liverpool, Nottingham, Newport, Manchester, Birmingham and Leeds. If you too are interested in buying a student property in Leeds then, contact Oasis Properties that is a leading name in letting out properties to students.     

Industry analysts suggests that the sector is luring lot of investment as according to their evaluations more than £6 billion of funds have been allocated for the UK’s student properties. Given that transaction levels were consistently above £2 billion during 2012 and 2013. Therefore, it is quite likely that transaction level will cross the previous marks till the end of 2014.