Coral Student Portfolio has made a phased investment of $60million to a US$200million fund by partnering with overseas family office firm Capital Values Group (CVG).
Coral Student Portfolio will gain exposure to CVG and the international expansion plans into new markets such as Dubai and Dublin where the student accommodation brands are Urbanest and Uninest.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
CVG has set up operations in Australia and Central London (UK) with over 2,500 operational beds and 5,000 secured and in development.
CEO of Coral Portfolio, John Kennedy, said: "As the successful UK accommodation model is exported overseas, we are aligning Coral investors with the industry’s most established and experienced operator."
CVG’s chairman, Nick Porter, said: "Coral has a proven track record in investing in the student accommodation sector in the UK, and we look forward to continuing our international growth into an ever expanding global higher education market."
Coral Portfolio was established in 2008 by a group of industry professionals, including John Kennedy and Lawrence Frampton.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataCVG was formed in 2008 by Nicholas Porter, the founder, former chief and deputy chairman of the UNITE Group.
