Student accommodation provider Study Inn Group has appointed JLL’s London based EMEA Equity Advisory team to conduct a strategic review into growth options for the company.
Study Inn Group has a 17-year history of owning, financing, designing, developing, operating and asset managing its UK purpose-built student accommodation (PBSA) portfolios.
“After 17 years of successful development and operation in the UK PBSA sector, the business has matured and it’s the right time to be considering the available opportunities for implementing the company’s long-term strategy and maximising value. This natural transition from a family office investment to an institutional grade investment with capacity for rapid growth is a very exciting prospect and unique in the sector.
“Study Inn has become a recognised premium brand and is rare in terms of its quality, service and full in-house capability. We believe in the enduring fundamentals of the UK student housing market and have been strengthening our platform over recent years for the next phase of significant growth. We are incredibly well positioned to benefit from our in-place team, infrastructure, pipeline and the timing of this market opportunity.”Eddie Jefferson, Retiring Founder and Chairman, Study Inn Group
Last year, JLL advised on $10bn of transactions across EMEA, in which its Equity Advisory team was in collaboration with JLL Capital Markets.
It has advised on several landmark transactions in the student housing sector, including acting as financial advisor to GIC and Greystar on the acquisition of Student Roost, and as financial advisor to Host Student Housing on the formation of their £1bn joint venture with Partners Group.
“We are delighted to be working with Study Inn to explore the growth options for their platform. Their integrated model allows them to leverage and control all aspects of their premium offer and this is clearly well-received by their customers. Their unique ability to undertake developments and conversions as well as acquire, improve, and manage existing stock allows them to capture the full range of expansion options and grow rapidly to unlock significant economies of scale. Student housing is an attractive asset class. Last year, a total of €11.6bn was invested in the sector, up 45% on 2021.”Dan Jones, Senior Director, JLL Equity Advisory, EMEA
Study Inn Group has assets across the country in Exeter, Bristol, Cambridge, Coventry, Loughborough, Leicester, Nottingham, Sheffield and Leeds.