GCP Student Living

GCP Student Living
Company typeInvestment trust
Previously LSE: DIGS
IndustryFinancial services
Founded2013 (2013)
Defunct2021 (2021)
FateAcquired
Headquarters
Exeter
,
United Kingdom[1]
Area served
United Kingdom
ProductsInvestments in student accommodation
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

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

  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.