F&C Commercial Property Trust delves into student lodgings
The F&C Commercial Property Trust has delved into the student accommodation market, with an investment in a Winchester University development.
The investment trust will fund the block, which will comprise of 499 bedrooms and let to the university for a term of 25 years.
The university’s lease will be subject to fixed annual RPI increases with a collar of 1% and cap of 3.5% …