DIF Capital Partners(DIF) has closed the acquisition of a 90-percent stake in the Goldsmiths, a University of London student accommodation PPP.
This project was acquired from a fund advised by Arlington Advisors, a U.K.-based investment manager and student-housing specialist. The investment will be made by DIF Infrastructure V. The remaining 10 percent stake is owned by Campus Living Villages, one of the world’s leading on-campus student-accommodation owner operators, which will continue operating and maintaining the asset.
The project is an operational availability-based PPP that has been operational in its current form since 2017. It comprises 469 beds across three buildings, communal spaces and an orangery. The project is operated under a 50-year concession signed in 2015. The buildings all are located within about a mile of the Goldsmiths’ campus in southeast London.
Gijs Voskuyl, partner and head of investments for the DIF V and VI strategy, said, “D
