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UNITE and GIC plot £530m London student accommodation spend

UNITE Group and GIC Real Estate have established a joint venture leveraged fund to invest up to £530m in London student housing development over the next four years, while extending a maturing closed-ended fund by a further decade.
By Taneha Doldan
September 14, 2012 | 3:16 P.M.

The 50:50 joint venture partners have agreed in principle the potential to extend the London Student Accommodation joint venture (LSAV) by a further £200m after the existing capital has been deployed.

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