Blue Owl agrees funding partnership with student housing firm Dot Group

Student accommodation specialist The Dot Group has agreed a financing partnership with asset manager Blue Owl.

The long-term relationship with Blue Owl, via its GP strategic capital platform, provides Dot with access to institutional capital and support for growth.

Dot, comprising Global Student Accommodation, Yugo, Student.com and Kinetic Capital, is a provider of student accommodation with operations in over 180 cities across 35 countries.

The company said the relationship with Blue Owl aligns closely with its investment horizon and strategic goals, “building on a shared culture, vision and purpose”. It will play a central role in accelerating business development plans, capitalising on Dot’s global experience and relationships with world class institutions and universities.

Nick Porter, CEO of The Dot Group, said: “We are incredibly proud to establish this long-term relationship with Blue Owl, which represents an important strategic step in Dot’s journey as our group continues to grow and evolve. 

“This world-class relationship highlights the strength of Dot’s global market position, the depth of our expert management teams, and the sheer magnitude of opportunities that exist for our group, all underpinned by the student sector’s robust demand, growing demographics and improving market conditions.”  

Michael Rees, co-president and head of Blue Owl’s GP Strategic Capital platform, said: “We believe Dot is a leader in the student housing real estate space and are excited to add this innovative Group to our portfolio.

“We look forward to supporting Dot as the group continues to provide housing for students and long-term growth for investors.”

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