Singapore’s QIP makes Scotland PBSA debut

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