GFH Partners Ltd, a subsidiary of GFH Financial Group, has invested USD 450 million in the US real estate sector, focusing on student housing. The investment spans late 2023 to early 2024 and includes a lucrative portfolio valued at USD 300 million, comprising high-quality assets strategically located near leading public universities. With an impressive 97% occupancy rate and co-investments secured from institutional players, the portfolio is managed by GFH Partners' subsidiary, Student Quarters. GFH Partners' commitment to strategic sectors with strong fundamentals aligns with global investment standards, ensuring adherence to best practices and regulatory compliance across jurisdictions.
GFH Partners Ltd, a subsidiary of GFH Financial Group, has announced investments totaling USD 450 million in the US real estate sector from late 2023 to early 2024. These investments focus on the student housing segment, leveraging proven rental growth, low national vacancy rates, and market stability. One notable acquisition is the Student Housing Portfolio III, valued at around USD 300 million, comprising high-quality assets strategically located near leading public universities in strong-performing markets.
The Portfolio consists of 1,300 beds and currently maintains an impressive occupancy rate of 97%, which is set for further growth. GFH Partners has secured co-investments from prominent institutional players for the Portfolio, which will be primarily managed by its subsidiary, Student Quarters, based in Atlanta, Georgia. Student Quarters oversees a portfolio of over 15,000 beds.
This acquisition builds upon the success of GFH Partners' previous exit from Student Housing Portfolio I, which yielded a remarkable 122% return for investors in just two years. Nael Mustafa, CEO of GFH Partners, commented on the acquisitions, stating that this acquisition makes it their third series of portfolios in the student housing sector. They reaffirm their dedication to strategic sectors characterized by robust fundamentals supported by demographic trends, supply-demand imbalances, and favorable entry points.
GFH Partners is dedicated to enhancing the Group's global asset management capabilities within the real estate sector worldwide, currently overseeing over USD 6 billion in real estate assets as part of the Group's total USD 18 billion in managed assets.
GFH Partners operates under the regulation of the Dubai Financial Services Authority (DFSA), with its investments and offerings subject to further regulation by respective jurisdictions, including regional regulators like the Central Bank of Bahrain (CBB) and the Saudi Capital Market Authority (CMA), as well as the global regulators of the investment vehicles guaranteeing adherence to global investment standards through the implementation of best practices.
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