GCP Student Living

Last updated
GCP Student Living
Company type Investment trust
Previously LSE:  DIGS
Industry Financial services
Founded2013 (2013)
Defunct2021 (2021)
FateAcquired
Headquarters,
Area served
United Kingdom
ProductsInvestments in student accommodation
Owner APG Asset Management and The Blackstone Group
Website www.graviscapital.com/funds/gcp-student/literature

GCP Student Living (Gravis Capital Partners) was a large British investment trust dedicated to investments in student accommodation. The investment trust was a REIT focused on purpose-built private student accommodation in and around London.

Contents

History

Established in 2013, it was listed on the London Stock Exchange. The chairman was Robert Peto. [2]

A consortium backed by funds managed by APG Asset Management and The Blackstone Group made an offer for the company which valued it at £969 million in July 2021. [3] The transaction was sanctioned by the High Court in December 2021. [4]

Related Research Articles

<span class="mw-page-title-main">London Stock Exchange</span> Stock exchange in the City of London

London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. As of August 2023, the total market value of all companies trading on the LSE stood at $3.18 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group. The LSE is the most-valued stock exchange in Europe as of 2023. According to the 2020 Office for National Statistics report, approximately 12% of UK-resident individuals reported having investments in stocks and shares. According to the 2020 Financial Conduct Authority (FCA) report, approximately 15% of UK adults reported having investments in stocks and shares.

<span class="mw-page-title-main">FTSE 100 Index</span> British stock market index

The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie", is the United Kingdom's best-known stock market index of the 100 most highly capitalised blue chip companies listed on the London Stock Exchange.

<span class="mw-page-title-main">McCarthy Stone</span> UK retirement community developer and manager

McCarthy & Stone Limited, trading as McCarthy Stone, is a developer and manager of retirement communities in the United Kingdom. It was acquired by Lone Star Funds in 2021.

<span class="mw-page-title-main">Biffa</span> Waste management company

Biffa Limited is a waste management company headquartered in High Wycombe, England. It provides collection, landfill, recycling and special waste services to local authorities and industrial and commercial clients in the United Kingdom. As of 2017, it was the UK's second-largest waste-management company.

Investec is an Anglo-South African international banking and wealth management group. It provides a range of financial products and services to a client base in Europe, Southern Africa, and Asia-Pacific.

<span class="mw-page-title-main">Merlin Entertainments</span> British leisure company

Merlin Entertainments Limited is a British entertainment company based at Poole in Dorset, England, which operates a number of theme parks and other tourist attractions. It was listed on the London Stock Exchange until November 2019, when it was acquired by a consortium that includes Kirkbi A/S.

<span class="mw-page-title-main">Unite Students</span> British real estate company

The Unite Group provides purpose built student accommodation (PBSA) across the United Kingdom.

<span class="mw-page-title-main">RPS Group</span> Global professional services firm

RPS Group plc is a global professional services firm of consultants and service providers, headquartered in Abingdon-on-Thames, England. It is listed on the London Stock Exchange until it was acquired by Tetra Tech in January 2023.

<span class="mw-page-title-main">London Stock Exchange Group</span> British financial services company

London Stock Exchange Group plc, also known as LSEG, is a global provider of financial markets data and infrastructure. Headquartered in the City of London, England. It owns the London Stock Exchange, Refinitiv, LSEG Technology, FTSE Russell, and majority stakes in LCH and Tradeweb.

<span class="mw-page-title-main">AVI Global Trust</span> British investment trust

AVI Global Trust is a London-based British investment trust. The company is a constituent of the FTSE 250 Index. The chairman is Graham Kitchen.

<span class="mw-page-title-main">Intermediate Capital Group</span> Asset management company

Intermediate Capital Group is a private equity investment firm focused on providing capital to help companies grow through private and public markets and provides a number of strategies and funds aimed at institutional investors. It is headquartered in London, England, with offices in a further 16 countries, and is a constituent of the FTSE 100 Index.

<span class="mw-page-title-main">ICG Enterprise Trust</span> British investment company

ICG Enterprise Trust plc is a large investment company. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. In particular it is one of the largest investment trusts on the stock exchange with a market capitalisation of £820 million as at 27 November 2023.

<span class="mw-page-title-main">GCP Infrastructure Investments</span> British investment trust

GCP Infrastructure Investments is a large British investment trust dedicated to investments in infrastructure. Established in 2010, it is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The chairman is Ian Reeves.

Alternative Credit Investments, formerly Pollen Street Secured Lending and, before that, P2P Global Investments, is a British investment trust. The company invests in consumer and small and medium-sized enterprise loans and in corporate trade receivables. Launched in May 2014, the company was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index. The chairman is Stuart Cruickshank. On 17 September 2019 the company changed its name from P2P Global Investments plc to Pollen Street Secured Lending plc, and on 20 October 2020 the company changed its name to Alternative Credit Investments plc.

Syncona is a large British closed-ended investment trust dedicated to life science investments. Co-founded as Syncona Partners in 2012 by current CEO Martin Murphy and the Wellcome Trust, before merging with the Battle Against Cancer Investment Trust ('BACIT') in December 2016 and listing publicly, the company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. Its Chair is Melanie Gee.

Civitas Social Housing is a large British investment trust dedicated to investments in existing portfolios of built social homes in England and Wales. Established in 2016, the company is listed on the London Stock Exchange. The Chairman is Michael Wrobel.

Liontrust Asset Management plc is a British specialist and independent fund management company. It is listed on the London Stock Exchange. It manages open-ended funds domiciled in the UK and Ireland, multi-asset portfolios, the Edinburgh investment Trust and segregated accounts. Liontrust handles investments for clients in Europe and South America. Liontrust is headquartered in London and also has offices in Edinburgh and Luxembourg.

<span class="mw-page-title-main">APG (pension fund)</span> Dutch pension investment company

APG is a Dutch pension investment company based in the Netherlands. It is a direct subsidiary of Stichting Pensioenfonds ABP, the largest pension fund in the Netherlands.

Capital Gearing Trust is a large British investment trust which invests in a broad range of equities, bonds, commodities and cash. Established in 1973, the company is a constituent of the FTSE 250 Index. It has been managed since 1982 by Capital Gearing Asset Management, which is an employee ownership trust. The chairman is Jean Matterson.

European Smaller Companies Trust, formerly TR European Growth Trust, is a large British investment trust focused on investments in smaller European companies. Established in 1990, the company is a constituent of the FTSE 250 Index, an index of the larger companies on the London Stock Exchange. The company is managed by Janus Henderson and the chairman is Christopher Casey.

References

  1. "GCP Student Living: Our story". London Stock Exchange. Retrieved 5 June 2020.
  2. "GCP Student Living". Morning Star. Retrieved 20 September 2019.
  3. "GCP Student Living surges as it agrees £969m takeover". Share Cast. 16 July 2021. Retrieved 13 December 2021.
  4. "GCP Student Living's takeover gains court sanction". Morning Star. 15 December 2021. Retrieved 18 December 2021.