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GIC JV buys student-housing portfolios in US for US$1.6b

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The portfolios include assets in Charlottesville, Virginia, (above) and in Tampa, Florida.

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The portfolios include assets in Charlottesville, Virginia and in Tampa, Florida (above).

Singapore

SINGAPORE sovereign wealth fund GIC and two partners announced on Thursday (US time) that their student-housing joint venture (JV) has bought another three US student-housing portfolios for about US$1.6 billion.

The portfolios now owned by Scion Student Communities, which...

sentifi.com

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