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Singapore firm launches £30m fund for UK student accommodation

Amid economic slowdown, fund has already attracted strong investor interest

Kelly Ng

Published Thu, Sep 24, 2020 · 09:50 PM

Property investment

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.

Q Investment Partners (QIP) on Thursday launched a £30 million (S$52.6 million) UK purpose-built student accommodation investment fund, the firm's largest fund to date.

Through a strategic joint venture with local partners, QIP plans to develop a portfolio of such accommodation assets under the fund. It has ident…