GCP Student Living
Appearance
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Company type | Investment trust |
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Previously LSE: DIGS | |
Industry | Financial services |
Founded | 2013 |
Defunct | 2021 |
Fate | Acquired |
Headquarters | , |
Area served | United Kingdom |
Products | Investments in student accommodation |
Owner | APG Asset Management and The Blackstone Group |
Website | www |
GCP Student Living (Gravis Capital Partners) was a large British investment trust dedicated to investments in student accommodation. The investment trust was a REIT focused on purpose-built private student accommodation in and around London.
History
[edit]Established in 2013, it was listed on the London Stock Exchange. The chairman was Robert Peto.[2]
A consortium backed by funds managed by APG Asset Management and The Blackstone Group made an offer for the company which valued it at £969 million in July 2021.[3] The transaction was sanctioned by the High Court in December 2021.[4]
References
[edit]- ^ "GCP Student Living: Our story". London Stock Exchange. Retrieved 5 June 2020.
- ^ "GCP Student Living". Morning Star. Retrieved 20 September 2019.
- ^ "GCP Student Living surges as it agrees £969m takeover". Share Cast. 16 July 2021. Retrieved 13 December 2021.
- ^ "GCP Student Living's takeover gains court sanction". Morning Star. 15 December 2021. Retrieved 18 December 2021.