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APG, Scape seed new UK student housing JV with £250 million project

Dutch pension fund manager APG has partnered with Scape to establish a £500m (€579m) UK student housing venture seeded with a £250m mixed-use project.

Student housing group Scape has recently been expanding into urban city living apartments and the latest partnership with APG is expected to help Scape’s expansion plan into mainstream living as it takes the living concept to a wider market.