Cordea Savills acquires student flats in UK

By A staff reporter 2007-01-05T00:00:00

Cordea Savills, the European property fund management firm, acquired Penworks Studios in Birmingham, England for EUR 20 mln. The asset is a five-storey residential building with 150 flats for students. It has been added to Cordea Savills' U.K.-based Student Hall Fund, which now has five properties encompassing 2,215 total flats ...

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