Subject: Re: FT on British Student Housing Hangover
Thanks. The UK info has been covered pretty well in threads here I think. But some of the info about the US situation is new to me.
One thing I thought was very interesting:
"2022, a year in which Blackstone acquired American Campus Communities for $12.8bn."
Blackstone already operate student housing in the UK.
It's not impossible they might decide to buy up Unite in its entirety.
Same logic as the buybacks Unite are doing; it's impossible to build it as cheaply as you could buy it in the form of Unite stock.
TRS