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.