Coral Student Portfolio has invested in two new student housing sites in the UK through the Student Development Partnership. The sites are located in Coventry and Birmingham and will provide a total of 840 beds on completion in September 2013.
Coral Student Portfolio has invested in two new student housing sites in the UK through the Student Development Partnership. The sites are located in Coventry and Birmingham and will provide a total of 840 beds on completion in September 2013.
Both sites will be developed and operated by student accommodation provider Victoria Hall Management (UK). The schemes have a combined estimated end value of £50 mln (EUR 62 mln).
CBRE advised Coral in the transaction and is seeking further investment opportunities.
