Commenting on the deal, Mark Stott, CEO of Vita Group, said: “Finding the right strategic investment partner was imperative to the future of our business and I’m delighted to announce today’s news. This deal is hugely significant for both the next chapter of growth for Vita Student and the wider Vita Group as we bring more innovative brands to market.”
About Vita Student
Vita Student is Vita Group’s award-winning UK student property brand. A proven investment, it has been delivering strong returns for investors – and high satisfaction to its tenants – since 2012. Select Property Group has been Vita Group’s exclusive sales partner for Vita Student from day one.
While the UK is widely renowned globally for the quality of its universities, traditional student property in the country often fell well below the standards demanded by an increasingly international student population.
Vita Student changed UK student accommodation:
- Luxury purpose-built student apartments
- Central locations in Russell Group university cities
- The finest communal facilities in the country
The brand is now firmly established as the leading experience-led student property provider in the UK’s £53 billion PBSA sector.
To date, Select Property Group has sold over 3,500 Vita Student properties to our global investors.
Comment from Select Property Group
“This deal underlines the strength and credibility of Vita Student. It leads an increasingly competitive PBSA market, with students across the UK consistently demanding the living spaces, facilities and level of customer service that only Vita Student delivers on.”
Adam Price, Managing Director, Select Property Group
“Furthermore, this is a £600 million investment into UK student property from one of Europe’s largest asset management company. Amid the wider ongoing developments with Brexit, this is a huge vote of confidence in the enduring strength of British student real estate and the confidence investors have in the resilience and future growth of the sector.”
Latest Vita Student Investment Opportunity
Don’t miss your opportunity to invest in this in-demand student property brand.
Vita Student Cardiff is the 20th development from the UK’s leading PBSA brand. An unrivalled location, the development is located just five minutes’ walk from Cardiff University, an area of high tenant demand.
You can own an apartment in Vita Student Cardiff with just a 20% down payment. This is a fully managed investment, with 6.5% NET yields assured for three years.