Buyer lined up for £150m student digs in Shoreditch
A consortium of investors is set to pay £150 million for a student housing block in Shoreditch, the Evening Standard can reveal.
Chapter — a venture between Canadian pension fund PSP, US developer Greystar and Germany’s Allianz Real Estate — is in advanced talks to buy a 482-bed property at Paul Street East from Apache Capital Partners.
The accommodation was put up for sale in October. Renters using it pay from £305 per week for a studio, and one-bedroom luxury apartments cost from £485 per week …