GCP Student Living

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GCP Student Living
Company typeInvestment trust
Previously LSEDIGS
IndustryFinancial services
Founded2013 (2013)
Defunct2021 (2021)
FateAcquired
Headquarters,
Area served
United Kingdom
ProductsInvestments in student accomodation
OwnerAPG Asset Management and The Blackstone Group
Websitewww.graviscapital.com/funds/gcp-student/literature

GCP Student Living (Gravis Capital Partners) was a large British investment trust dedicated to investments in student accommodation. The investment trust was a REIT focused on purpose-built private student accommodation in and around London.

History[edit]

Established in 2013, it was listed on the London Stock Exchange. The chairman was Robert Peto.[2]

A consortium backed by funds managed by APG Asset Management and The Blackstone Group made an offer for the company which valued it at £969 million in July 2021.[3] The transaction was sanctioned by the High Court in December 2021.[4]

References[edit]

  1. ^ "GCP Student Living: Our story". London Stock Exchange. Retrieved 5 June 2020.
  2. ^ "GCP Student Living". Morning Star. Retrieved 20 September 2019.
  3. ^ "GCP Student Living surges as it agrees £969m takeover". Share Cast. 16 July 2021. Retrieved 13 December 2021.
  4. ^ "GCP Student Living's takeover gains court sanction". Morning Star. 15 December 2021. Retrieved 18 December 2021.

External links[edit]