The bid, which was submitted on Friday (May 27), saw GIC and Greystar emerging as the successful bidders on Sunday.
Singapore sovereign fund GIC and major US property developer Greystar, have made an offer in excess of £3.3 billion ($5.7 billion) to buy student housing portfolio, Student Roost, according to the British newspaper Financial Times.
Student Roost, which was put on the market earlier this year amid the easing Covid-19 restrictions, is owned by Canadian fund Brookfield.
