Student Portfolio

Student accommodation scheme

Dundee, Scotland

 

Description

Student accommodation scheme

Purchase Price

£20.25 million

Net Initial Yield

6.30%

Size

413 bedrooms

Acquisition Structure

Built asset

Date Acquired

January 2018

Rent Review

Consumer Prices Inflation (CPI)

Tenant

Mears Group plc

Lease Term

21.5 years unexpired, with no break