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Head of the Class: CPPIB, GIC and Scion Acquire 24 Student Housing Properties for $1.1 Billion

Deal Represents Second Purchase in Past 12 Months from Harrison Street Real Estate
CoStar News
January 3, 2018 | 5:00 P.M.

Scion Student Communities, a student housing investment group that includes the Canada Pension Plan Investment Board (CPPIB), GIC and The Scion Group LLC, has acquired a U.S. student housing portfolio for $1.1 billion, or about $80,500/bed.

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