£135m deal for student property group’s portfolio

Student accommodation provider Study Inn has sold its property assets in a £135m deal that will help fund its new portfolio. Investment group Arlington Advisors has bought its 10 sites - six in Coventry and one each in Bristol, Cambridge, Nottingham and Sheffield - and the 1,500 rooms takes its student portfolio above 10,000 beds. Sean McKeown, Arlington Advisors’ managing director, said these cities "are experiencing strong international demand for good quality student accommodation". He said: "The Study Inn service model... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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