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Unite, Singapore's GIC acquire Aston Student Village

10 February 2017 07:26

Unite Students has acquired Aston Student Village (ASV) for £227m in a 50:50 joint venture with GIC, Singapore's sovereign wealth fund.

ASV, which represents Unite's first major on-campus acquisition, comprised 3,067 beds across five large, detached properties on Aston University's campus in central Birmingham.

ASV is the only accommodation offered to students at Aston University, which has a student population of 11,000, with no additional accommodation available either under direct ownership or through nominations agreements.

The modern, high quality accommodation is fully occupied.

Story provided by StockMarketWire.com

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