Best Video Camera Under $600, Rhizophora Mangle Stilt Roots, Globulus Topiary Eugenia Height, Black Hole Image Size In Gb, Deer Creek Scorecard Ajax, Gen 8 Catch Rate, Meal Kit Chicago, Statistics In Behavioral Science Ppt, " />
blackstone buys iq student accommodation

Based on the strong activity recorded since the beginning of the year, we expect the investment volume to reach €6.5bn at the end of the quarter and to exceed the €11bn threshold at year-end. Blackstone is returning to the student accommodation market with its purchase of iQ which owns and operates 67 student housing blocks comprising more than 28,000 beds in 27 UK cities . iQ Student Accommodation operates 67 student accommodation assets in the UK, with 80% of its residences in locations that house Russell Group universities. More. The majority shareholders are the bank Goldman Sachs, and the charity Wellcome Trust.. History. Blackstone Group agreed to buy the iQ Student Accommodation business from Goldman Sachs Group and the Wellcome Trust in the largest-ever private real estate deal in the UK. Reblog. Goldman Sachs Merchant Banking Division and Wellcome said the disposal of iQ Student Accommodation, which is the largest ever private real estate transaction in the UK, is subject to regulatory approvals. Property investment giant Blackstone is contemplating a £4.0bn takeover for IQ Student Accommodation (IQSA), according to a Sky News report on Thursday. Discover Thomson Reuters. Blackstone acquires UK’s IQ Student Accommodation for £4.66bn Acquisition comes as early signs point to revival in European dealmaking. Blackstone to buy iQ for £4.7bn. By. Find out more. Monday 25th September, London: The Blackstone Group announces the development of a brand new first class student living concept. 2020 got off to a flying start with Blackstone’s recent acquisition of the iQ student housing portfolio (UK) from Goldman Sachs and Wellcome for £4.7bn (€5.4bn). By Daily Mail City & Finance Reporter. Share. US buyout firm Blackstone rumoured to be preparing a £4bn offer for IQ Student Accommodation. Blackstone has agreed to buy the British student housing company IQ from Goldman Sachs in a £4.7bn deal. Blackstone has bought a £4.66bn (€5.53bn) UK student housing provider owned by Goldman Sachs and the Wellcome Trust. Share. US-based private equity group Blackstone has agreed to buy IQ Student Accommodation, which is owned by Goldman Sachs, for £4.7bn in one of the … The transaction is the largest ever private real estate transaction in the UK and subject to regulatory approvals. The purchase of iQ Student Accommodation is the largest-ever private real estate deal in the U.K. iQ Student Accommodation | Affordable Student Housing in the UK ... Our student accommodation is found in locations around the capital, from Bloomsbury to Hammersmith and right by the River Thames. Blackstone Group Inc. agreed to buy the iQ Student Accommodation business from Goldman Sachs Group Inc. and the Wellcome Trust in the largest-ever private real estate deal in the U.K. Private equity giant Blackstone is reportedly mulling a £4bn swoop on one of Britain’s largest student property developers. February 26, 2020. Blackstone to Buy British Student Housing Group IQ for $6 Billion . Blackstone confirms £4.66bn iQ buy By Jessica Newman 2020-05-15T15:24:00 Goldman Sachs Merchant Banking Division and the Wellcome Trust have completed the £4.66bn sale of iQ Student Accommodation company Commenting on the deal, James Seppala, Blackstone's … Assuming the deal gets regulatory approval, Blackstone will buy the business from Goldman, which owns 70%, and the medical research charity the Wellcome Trust which owns 28%. Reuters . Goldman Sachs Merchant Banking Division and the Wellcome Trust have completed the sale of iQ Student Accommodation to Blackstone for €5.22bn (£4.66bn). Thursday February 27, 2020 5:05 pm. 02/26/2020 Comments Off on Blackstone to buy British student housing group iQ for $6 billion (Reuters) – Goldman Sachs’ ( GS.N ) merchant banking unit and medical charity Wellcome Trust have agreed to sell here the British student accommodation company iQ to Blackstone ( BX.N ) for 4.66 billion pounds ($6.06 billion), the companies said.

Best Video Camera Under $600, Rhizophora Mangle Stilt Roots, Globulus Topiary Eugenia Height, Black Hole Image Size In Gb, Deer Creek Scorecard Ajax, Gen 8 Catch Rate, Meal Kit Chicago, Statistics In Behavioral Science Ppt,

Leave a Reply

Your email address will not be published. Required fields are marked *

My Cart (0 items)
No products in the cart.