Apache Capital Partners and Investra Development buys Kingsgate House – Kingston Upon Thames
Apache Capital Partners, the London and Gulf based private real estate investment management firm, has acquired a 210-bed premium student accommodation development in Kingston Upon Thames with a development value of approximately £40m.
The off market purchase, on behalf of Apache’s Social Infrastructure business, was completed through a joint venture with Investra Development, a private development and investment firm.
Kingsgate House is currently being developed into a prime, purpose-built student accommodation asset and will comprise 210 high quality studio rooms of various sizes. The property will be finished to a high specification and includes 4,835 sq ft of retail accommodation …