LaSalle adds to student portfolio with London site
La Salle Investment Management has acquired the Quadrant, a proposed London-based student accommodation site, in a £32 million deal.
The firm said that the price reflected a net initial yield of 6.3%.
LaSalle will fund the construction of the new 328 bedroom development, which is being built by Watkin Jones. The new building will include 258 en-suite bedrooms and 70 studio units …