Round Hill in pole for £335m student portfolio
Round Hill Capital is close to agreeing a deal to buy a five scheme student accommodation portfolio from Student Castle for around £335m.
Round Hill has emerged as frontrunner and is about to go in to an exclusivity period to buy the portfolio which is owned by Carphone Warehouse founder Sir Charles Dunstone and former chief executive Roger Taylor.
It fought off competition from Liberty Living and Europa Capital for the portfolio, with the pricing reflecting a yield of around 4.5% …