( GSA-Coral )
Century R is an official partner of GSA Coral. GSA Coral is a unique, globally diversified real estate fund.
The fund was launched in 2009 and invest in a range of international student accommodation assets operated by specialist providers. The Fund is AIFMD approved and regulated in Luxembourg. It is monthly traded, with a target return of 8% + per annum.find out more
GSA Coral is part of GSA Investment Management (GSA IM). Over the past 25 years the GSA IM management team has transformed student accommodation into an institutional asset-grade real estate class.
The management team has created over $7.5bn of student accommodation in 44 cities and 8 countries. GSA IM is a trusted partner of higher education and capital in this sector.
WHY Student Accommodation?
“Huge demand for higher education globally...
Global student mobility has risen by 6% p.a. over 15 years, primarily from a growing middle class in the Far East (53%) and from a general increase in domestic mobility.
Long-term growth in global higher education enrollments Government sponsorship and support for higher education is also growing. University education is a leading driver of economic expansion and, almost without exception, global growth in higher education is underpinned by government policy. This unprecedented growth in participation in higher education is forecast to continue around the globe.
... but student accommodation is structurally undersupplied
Parents and students are driving demand for a better quality of accommodation. They want safe places with good amenities and a sense of community, with Universities increasingly relying on the private sector to supply accommodation. Undersupply is rising through the growth in student numbers and the removal of old stock that no longer meets the expectations of parents and students.
Undersupply is rising through the growth in student numbers and the removal of old stock that no longer meets the expectations of parents and students.
PBSA Headroom in Top HE Destinations