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DIGS Gcp Student Living Plc

212.50
0.00 (0.00%)
08 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gcp Student Living Plc LSE:DIGS London Ordinary Share GB00B8460Z43 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 212.50 212.50 213.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

GCP STUDENT LIVING PLC - Portfolio Update

29/09/2016 2:50pm

PR Newswire (US)


Gcp Student Living (LSE:DIGS)
Historical Stock Chart


From May 2019 to May 2024

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GCP STUDENT LIVING PLC

(the "Company" or, together with its subsidiaries, the “Group”)

Portfolio Update

The Board is pleased to announce that the Company's property portfolio is now fully occupied with respect to the 2016/17 academic year. The average rental growth as compared with the 2015/16 academic year is 3.9 per cent.

This announcement contains inside information.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Gravis Capital Partners LLP (the “Investment Manager”)                                         
Tom Ward tom.ward@gcpuk.com +44 20 7518 1490
Nick Barker nick.barker@gcpuk.com
Dion Di Miceli dion.dimiceli@gcpuk.com

Stifel Nicolaus Europe Limited
Neil Winward neil.winward@stifel.com +44 20 7710 7600
Mark Young mark.young@stifel.com
Tom Yeadon tom.yeadon@stifel.com
Buchanan
Charles Ryland charlesr@buchanan.uk.com +44 20 7466 5000
Vicky Watkins victoriaw@buchanan.uk.com
 

About GCP Student Living plc

The Company was the first student accommodation REIT in the UK. The Company invests in modern, purpose-built, private student residential accommodation and teaching facilities. Its investments are located primarily in and around London where the Investment Manager believes the Company is likely to benefit from supply and demand imbalances for student residential accommodation.

The Company currently owns and operates c.2,000 beds across six properties, and has secured c.750 beds currently expected to be operational for the 2017/18 academic year. Its operational assets are primarily occupied by international students and offer new high specification facilities and hotel-level concierge type services which the Investment Manager believes are attractive to overseas students.

Copyright r 29 PR Newswire

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