To deliver sustainable returns from the most globally diversified student accommodation in the market.
From inception, GSA Coral Student Portfolio was designed to take advantage of available value in purpose-built student accommodation (PBSA) and achieve targeted results within a regulated vehicle.
The Fund’s strategy is to invest in PBSA globally, for both income returns and capital growth which delivers a diversified total return to investors.
The Fund’s structure provides it with the ability to invest with a number of providers in a range of jurisdictions. These investments may comprise completed and operating assets, developments, development forward funding purchases, joint ventures or strategic debt positions.
The Fund’s structure provides the ability to move tactically between investments rather than holding physical property directly.
How we deliver our strategy.
Focus on Global Diversification
» Methodical, research and intelligence-led approach
» Investing in locations where there are clear opportunities to capitalise on the lack of student accommodation provision and growing student demand
» Spread of operational and geographic exposure
Governance and Performance
» Strong governance and controls
» Best in class underwriting experience and capital management
Balanced Portfolio Selection
» Mature investments providing stable income returns to underpin portfolio performance
» Development or forward funding opportunities with first-mover advantage in target locations
» Preferred equity or secured debt positions providing defined returns, security and increased liquidity
Space to Grow
» Diversifying sources of capital on a global basis
» Growing the size and breadth of our sophisticated institutional investor base
Investment decisions are a carefully considered, researched-led process with a focus on the following key criteria:
Higher Education Macro Trends
» Locations with forecast growth in the provision of higher education, student enrolments and educational hubs
» Growing attraction of international students and mobile domestic students
» Robust economic markets
Location and Product Mix
» A significant supply/demand imbalance of purpose-built student accommodation
» Market rental levels that will underpin successful development and enable future rental growth
» Proximity to world-class universities and leading education providers attracting growing numbers of students
» Opportunities to build long term relationships with education providers
Operator Track Record and Capability
» Operators with established management and market knowledge
» Provision of market-leading services to maximise occupancy and student demand
Underlying Investment Structure
» Appropriate capital structuring
» Robust Fund strategy and risk management to deliver target returns