09. Juli 2012 
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Coral Student portfolio exceeds £100m
The Coral Student Portfolio has recently participated in one of the UK’s biggest real estate transactions of 2012. Launched in 2009 and advised by CBRE, Coral made a cornerstone investment, structured as a combination of debt and equity, into Round Hill’s acquisition of the Nido Student Accommodation portfolio.
The Nido portfolio comprises 2,526 beds across three prime London schemes situated in Kings Cross, Spitalfields and Notting Hill. The deal further increases Coral’s exposure to London, which is a primary target for the fund as part of its strategic objective to increase exposure to core university cities with attractive supply and demand fundamentals.
At the same time, Coral has exceeded £100 million net asset value (NAV) demonstrating the attractiveness of student accommodation as an asset class to global investors. The fund currently has 7 investments providing exposure to 85 properties and over 28,000 beds.
The Nido portfolio comprises 2,526 beds across three prime London schemes situated in Kings Cross, Spitalfields and Notting Hill. The deal further increases Coral’s exposure to London, which is a primary target for the fund as part of its strategic objective to increase exposure to core university cities with attractive supply and demand fundamentals.
At the same time, Coral has exceeded £100 million net asset value (NAV) demonstrating the attractiveness of student accommodation as an asset class to global investors. The fund currently has 7 investments providing exposure to 85 properties and over 28,000 beds.
