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TH Real Estate has provided a circa £136 million loan to finance the purchase of a student accommodation complex in Birmingham by Unite Students and Singaporean sovereign wealth fund GIC.
UK student accommodation developer and manager Unite Group has launched and priced £125 million of bonds issued by the Unite UK Student Accommodation Fund (USAF).
Grainger has appointed Unite Group’s Vanessa Simms as its finance director to replace the retiring Mark Greenwood. Simms, who is the deputy chief financial officer at student accommodation specialists Unite, will join Grainger in early spring 2016 and will be based in London.
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