abrdn forays into student accommodation with new platform

MYS Student Living, a joint venture with David Mathewson and Murdo Mcilhagger, will offer  "values-led" purpose-built student accommodation. The objectives of the platform are to source and acquire properties; provide operational services; and oversee property management activities.  The scheme will involve more than 200 residential properties, spread across 11 countries. abrdn believes investing in this area of the residential real estate market will deliver income "along with the ability to create enhanced value from under-managed assets". Home REIT deals under scrutiny by Nat...