Student accommodation specialist The Dot Group has agreed a financing partnership with asset manager Blue Owl.
The long-term relationship with Blue Owl, via its GP strategic capital platform, provides Dot with access to institutional capital and support for growth.
Dot, comprising Global Student Accommodation, Yugo, Student.com and Kinetic Capital, is a provider of student accommodation with operations in over 180 cities across 35 countries.
The company said the relationship with Blue Owl aligns closely with its investment horizon and strategic goals, 鈥渂uilding on a shared culture, vision and purpose鈥�. It will play a central role in accelerating business development plans, capitalising on Dot鈥檚 global experience and relationships with world class institutions and universities.
Nick Porter, CEO of The Dot Group, said: 鈥淲e are incredibly proud to establish this long-term relationship with Blue Owl, which represents an important strategic step in Dot鈥檚 journey as our group continues to grow and evolve.
鈥淭his world-class relationship highlights the strength of Dot鈥檚 global market position, the depth of our expert management teams, and the sheer magnitude of opportunities that exist for our group, all underpinned by the student sector鈥檚 robust demand, growing demographics and improving market conditions.鈥�
Michael Rees, co-president and head of Blue Owl鈥檚 GP Strategic Capital platform, said: 鈥淲e believe Dot is a leader in the student housing real estate space and are excited to add this innovative Group to our portfolio.
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