GCP Student share placing to fund Brighton scheme

By Guy Montague-Jones2018-09-10T16:45:00

GCP Student is looking to raise about £55m in a share placing to help fund the development of a new student accommodation scheme in Brighton.

The student accommodation REIT announced in July that it had conditionally agreed to acquire and forward fund the development of a 550-bed scheme called Scape Brighton, which is expected to be ready in time for the start of the academic year in 2020.

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