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Cain, Menora expand partnership with strategic investment in U.K. student accommodation strategy
Transactions - NOVEMBER 6, 2024

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Cain, Menora expand partnership with strategic investment in U.K. student accommodation strategy

by Denise Moose

Cain International, the alternative asset manager specializing in real estate investment solutions, and Menora Mivtachim have announced the expansion of their strategic partnership, which will see Menora commit follow-on capital to accelerate the growth of Cain’s purpose-built student accommodation (PBSA) equity platform in the United Kingdom.

Menora Mivtachim is Israel’s largest pension and provident funds group in Israel, with more than $90 billion in assets under management.

This new commitment will drive the development of high-quality PBSA projects and strategic acquisitions across key university cities in the United Kingdom. The platform already includes a portfolio of assets located in major Russell Group cities such as Manchester, Leeds, York, Liverpool and Nottingham, developed in collaboration with Olympian Homes and Fusion Students.

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