Gcp Student Living Share Discussion Threads

[mirandaj] 21/5/2013 10:45

What a superb ticker - DIGS for this particular company!

GCP Student Living plc.

All the information is on the links following really but if you are interested in a 5% plus return going to 8% to 10% eventually it might be worth a look. Their PR machine will probably be at work but I doubt that many would have heard about this already.

It is not 'blue sky' but is an interesting closed-ended investment company.

They had hoped to raise £50 million but it was over subscribed at £70 million which can only be a good thing.

This part is from the prospectus:


"The Company, a newly established closed-ended investment company incorporated
in England and Wales which intends to carry on business as a REIT, is proposing
to raise in excess of £50 million, before expenses, through a placing and offer
for subscription of in excess of 50 million Shares at a price of £1.00 per
Share (the "Issue Price") (the "Issue").

The Specialist Fund Market is an EU regulated market.

Investment objective

The Company's investment objective is to provide Shareholders with regular,
sustainable, long-term dividends coupled with the potential for modest capital
appreciation over the long term and RPI inflation-linked income
characteristics.

Summary investment policy

The Company intends to meet its investment objective through owning, leasing
and licensing student residential accommodation and teaching facilities to a
diversified portfolio of direct let tenants and Higher Education Institutions
("HEIs"). The Company will invest in modern, mostly purpose built, private
student residential accommodation and teaching facilities 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"

A brochure here for information:




Useful web site links:





All recent announcements: