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Singapore firm launches £30m fund for UK student accommodation

Amid economic slowdown, fund has already attracted strong investor interest

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QIP CEO Peter Young is 'very positive' on the sector and expects pent-up demand for the 2022-23 academic year.

Singapore

DESPITE Covid-19 showing no signs of abating in the UK with the country experiencing a second wave of infections and several cities plunging back into lockdowns, a Singapore-based private equity firm has set its sights on the student accommodation sector there.

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