is selling a UK student housing portfolio to for 拢600m (鈧�834m).

The portfolio of 2,375 beds is spread across three sites in central London.

Round Hill Capital is selling the portfolio for a special purpose vehicle, Nido London.

Coral Student Portfolio (advised by ), a financial institution and overseas private stakeholders (advised by Curzon Land) are behind the vehicle.

Regarded as high-end student accommodation, the portfolio is the third to trade in recent weeks.

The Carlyle Group鈥檚 sale of a London student platform for 拢532m was followed by CPPIB鈥檚 拢1.1bn d茅but in the UK student housing sector.

Round Hill Capital paid Blackstone 拢415m in May 2012 for the portfolio.

Michael Bickford, founder and chief executive of Round Hill Capital, said London and the UK continued to be 鈥渙ne of the most popular student destinations in the world鈥�.

鈥淒emand for English-language higher education is set to continue to rise, as student global mobility continues to increase,鈥� he said, predicting the number of students globally would double by 2025.

鈥淐oupled with the industry鈥檚 continuing supply constraints and the sector鈥檚 growing and stable cash flows, it leads us to believe the student accommodation market still provides a compelling investment opportunity, both within the UK and Europe.鈥�

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