Wellcome Trust beds in with Goldman on student housing
Vero Group consolidates two of the UK’s leading student accommodation brands; iQ, owned by the Wellcome Trust, and Prodigy Living, owned by Goldman Sachs and Greystar, into one company with a nationwide presence.
The new company will provide high quality, value for money accommodation to residents and university partners through its portfolio of 23,500 beds across 54 sites in the UK.The company plans to expand and modernise its portfolio, while delivering robust financial performance.
Vero Group will be led by a high quality management team with experience in the student accommodation sector.iQ and Prodigy Living will continue to operate under their respective brands and the company will be headquartered in London…