Singapore’s Q Investment Partners has teamed up with Hunting Gate Developments to expand its purpose-built student accommodation portfolio into Scotland.
QIP and HGD have made their first joint acquisition in Edinburgh, picking up a £30m student scheme from Summix Developments.
The acquisition was made on behalf of QIP’s UK Purpose Built Student Accomodation III Fund.
The duo have launched a long-term strategic partnership to establish a PBSA platform across a number of sites, with a number of acquisitions in the pipeline through Summix.
The 198-bedroom scheme at London Road