The project is QIP’s largest single asset transaction and its first strategic partnership with Gamuda.
Singapore headquartered private equity firm Q Investment Partners (QIP) has formed a GBP100 million ($172.8 million) UK student housing joint venture (JV) with Bursa Malaysia-listed engineering, infrastructure and property developer Gamuda.
The completion of the equity funding will see QIP, alongside UK-based co-developer Hurlington Capital, develop a new 299-bed purpose-built student accommodation (PBSA) in Woolwich, London. It will be a mix of 150 studios and 149 cluster rooms.
