US real estate giant invests £1bn in UK student accommodation

By Hamish Champ2019-09-25T05:00:00

Source: Shutterstock

Chicago-based CA Ventures funds construction of student living schemes in Edinburgh, Glasgow and Sheffield

US property investment giant CA Ventures is planning to sink £1bn into the UK’s student residential market after it said it identified a shortfall in the supply of accommodation across the country.

As work was set to get underway on developments it is backing in Glasgow, Sheffield and Edinburgh, the Chicago-based group said it would invest £500m a year in the UK and Ireland for the next two years.

Login or Register for free to continue reading Housing Today

To continue enjoying housingtoday.co.uk, REGISTER FOR FREE

Already registered? Login here

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:

Breaking industry news as it happens
Gain access to Housing Today’s Specialist CPD modules
Expert News and analysis

It takes less than one minute….

Join the Housing Today community - REGISTER TODAY

… or subscribe for full access - Subscribe now