BGO鈥檚 direct real estate secondaries and co-investments arm has teamed up with Orka Investments to launch a UK student housing venture targeting a portfolio of more than 拢100m (鈧�119m).
BGO Strategic Capital Partners (SCP) said it has recapitalised a portfolio of two purpose-built student accommodation assets that will serve as the seed investments for the newly created platform.
The two properties in Manchester and Derby have a combined total of 568 beds.
Cherine Aboulzelof, managing director and head of BGO SCP, said: 鈥淭he UK student housing sector remains one of the most compelling living strategies in Europe, supported by strong fundamentals and deep institutional demand.
鈥淲e are pleased to partner with Orka Investments on this transaction, which reinforces our focus on high-quality, purpose-built student accommodation assets in attractive university markets.鈥�
Raoul Malhotra, managing partner at Orka Investments, said: 鈥淲e are excited to expand our partnership with BGO SCP on this [general partner-led] recapitalisation. Both assets present strong growth potential, and we look forward to building a successful partnership.鈥�
To read the latest 91传媒在线 magazine click here.
