Round Hill Capital, an international real estate investment firm, and NBK Capital have bought a 412-bed student accommodation development in Cork. NBK Capital, a Middle Eastern investment company, will help co-fund the development, which has a value of €83m. This is Round Hill Capital’s fourth student accommodation investment in Ireland and, in partnership with NBK Capital, it plans further acquisitions to develop a 2,000 plus bed student accommodation portfolio. As well as student accommodation, Round Hill has plans to invest in Ireland's build-to-rent accommodation market. In March Round Hill NBK Capital bought a 368-bed student accommodation development in the Liberties, Dublin 8.

Source: Irish Independent October 12, 2020 07:07 UTC