GCP Student Living Investor Report 31 March 2018
April 30 2018 - 1:10AM
UK Regulatory
TIDMDIGS
GCP Student Living plc
("GCP Student" or the "Company", together with its subsidiaries the "Group")
LEI: 2138004J4ID66FK38H25
Investor Report 31 March 2018
GCP Student Living, the UK's first REIT focused on student residential assets,
has published its Investor Report for the period to 31 March 2018. The report
is available at:
https://www.graviscapital.com/funds/gcp-student/literature
For further information please contact:
Gravis Capital Management Limited +44 020 3405 8500
Tom Ward tom.ward@graviscapital.com
Nick Barker nick.barker@graviscapital.com
Dion Di Miceli dion.dimiceli@graviscapital.com
About GCP Student Living
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's property portfolio comprises ten assets with c.3,600 beds which
are either currently fully operational or expected to complete construction/
refurbishment over the next two academic years. At 31 March 2018, its property
portfolio was valued at GBP759.1 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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