Arlington Advisors and Pensions Infrastructure Platform join forces
2 March 2017 London
Image: Shutterstock
The Pensions Infrastructure Platform (PiP) and Arlington Advisors have formed a partnership targeting on-campus student accommodation.
Arlington Advisers, which already has a significant off-campus portfolio, is currently shortlisted on more than £300 million of acquisitions, including on-campus assets.
The real estate investment manager has invested more than £500 million in acquiring more than 7,800 beds across 10 cities in the UK.
According to Arlington Advisors, its partnership with PiP will look to significantly increase this throughout 2017 and 2018, targeting long-term investments supported by growing student numbers.
George Shweiry, chief executive of Arlington Advisors, said: “We are continuing to see record levels of demand for high quality, appropriately priced and well-maintained student accommodation, and universities are increasingly recognising the value in partnering with professional investors and managers.”
“In PiP we have a partner with an outstanding commitment to developing UK infrastructure, of which student accommodation is a vital and growing component. I am confident that together we will continue to meet this demand, thereby delivering long term value for students, universities and our investors.”
Mike Weston, chief executive of PiP, said: “PiP is focused on core investment that delivers long term, inflation linked cash flows and we see student accommodation as a key growth opportunity in this market that provides these attributes for UK pension schemes.”
Arlington Advisers, which already has a significant off-campus portfolio, is currently shortlisted on more than £300 million of acquisitions, including on-campus assets.
The real estate investment manager has invested more than £500 million in acquiring more than 7,800 beds across 10 cities in the UK.
According to Arlington Advisors, its partnership with PiP will look to significantly increase this throughout 2017 and 2018, targeting long-term investments supported by growing student numbers.
George Shweiry, chief executive of Arlington Advisors, said: “We are continuing to see record levels of demand for high quality, appropriately priced and well-maintained student accommodation, and universities are increasingly recognising the value in partnering with professional investors and managers.”
“In PiP we have a partner with an outstanding commitment to developing UK infrastructure, of which student accommodation is a vital and growing component. I am confident that together we will continue to meet this demand, thereby delivering long term value for students, universities and our investors.”
Mike Weston, chief executive of PiP, said: “PiP is focused on core investment that delivers long term, inflation linked cash flows and we see student accommodation as a key growth opportunity in this market that provides these attributes for UK pension schemes.”
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