Rothesay completes £400m refinancing for Unite Group
We are pleased to announce that we have completed a £400m eight-year investment facility for the Unite UK Student Accommodation Fund, whose assets are operated and managed by the Unite Group. Rothesay’s investment is secured against a high-quality portfolio of 23 purpose-built student accommodation assets located across 15 cities in the UK.
Speaking about the investment, Harish Haridas, Head of Commercial Real Estate at Rothesay, said: “Rothesay’s in-house asset management and origination teams are dedicated to delivering high-quality, long-term investments like this, providing real retirement security for the over one million people whose pensions we protect. We’re pleased to complete this investment with the Unite Group and continue to grow our support for the higher education sector which plays a vital role in the UK economy.”