GCP Student Living Investor Report 30 June 2017
July 28 2017 - 6:35AM
UK Regulatory
TIDMDIGS
GCP Student Living plc (the "Company")
Investor Report 30 June 2017
GCP Student Living plc, the UK's first REIT focused on student residential
assets, has published its Investor Report for the period to 30 June 2017. The
report is available at:
https://www.gcpuk.com/gcp-student-living-plc/investor-relations/
investor-reports/all
For further information please contact:
Gravis Capital Management Limited +44 020 3405 8500
Tom Ward tom.ward@gcpuk.com
Nick Barker nick.barker@gcpuk.com
Dion Di Miceli dion.dimiceli@gcpuk.com
About GCP Student Living plc
The Company was the first student accommodation REIT in the UK, investing in
modern, purpose-built, private student residential accommodation and teaching
facilities. Its investments are located primarily in and around London where
the Investment Manager believes the Company is likely to benefit from supply
and demand imbalances for student residential accommodation.
GCP Student Living's property portfolio comprises nine assets with c.3,450 beds
which are either currently fully operational or expected to complete
construction / refurbishment over the next two academic years. At 30 June 2017,
its property portfolio was valued at GBP634.6 million.
The Company's standing properties are mainly occupied by international students
and offer high specification facilities and hotel-level concierge type services
which the Investment Manager believes are attractive to overseas students.
END
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