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GCP Student’s 2019/20 Property Portfolio Fully Occupied

The Board of the UK’s first Real Estate Invest Trust (REIT) focused student accommodation firm GCP Student, has announced it has fully let its entire property portfolio for the 2019/20 academic year.

In a statement announced on the London Stock Exchange earlier this morning, the student-focused residential asset group revealed that all of its £921.6 million valued portfolio is now occupied.

GCP was the first student accommodation REIT in the UK and launched an IPO in May 2013. GCP’s current portfolio contains approx 4,100 beds and has an average rental growth of 4.4% compared to the previous academic year.

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