A group of family offices from the Middle East, led by Arlington Investors, completed a $450 million acquisition of a portfolio of eight student accommodation sites in the UK.
This acquisition is the first transaction of Arlington Investors, an investment company established in London in 2013, representing a group of family offices from the Middle East. (The investment comprises eight student accommodation sites in London, Manchester, Liverpool, Leeds, Birmingham, Newport and Nottingham and is a 50/50 equity partnership with Campus Living Villages). The investors are advised by Arlington Advisors founded by George Shweiry.
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More details follows: