Valpre Capital and Katch Investment Group have set up a joint venture (JV) to deliver up to 1,500 student beds across the UK.
Their first project, The Roc Club, is a 244-bed purpose-built student accommodation (PBSA) scheme in Elephant and Castle, London, which is being developed with CKC Properties.
The new platform will focus on London, Bristol, and one or two other major regional cities.
The joint venture has built up a pipeline of projects and plans to announce more acquisitions soon.
The platform is expected to reach a gross development value of around £500m, working with a small group of experienced development partners to deliver sustainable, design-led schemes with modern amenities.
Mazen AbouChakra, managing partner at Valpre Capital, said: “As forward funding remains scarce, well-capitalised equity has a unique opportunity to secure high-quality PBSA developments at compelling entry points.
“Partnering once again with Katch Investment Group through this new platform gives us the scale and focus to deliver much-needed, best-in-class schemes alongside trusted developers.
“The sector’s fundamentals remain exceptionally strong, and investors with patient capital and conviction are well positioned to capture long-term value in this dislocated market.”
Youssef Sbai, managing partner at Katch Investment Group PERE, said: “We’re delighted to deepen our relationship with Valpre Capital.
“By focusing on London, Bristol, and other key regional cities, we are targeting markets with the strongest demand and working with experienced developers and operators to deliver projects that add real long-term value for students, communities, and our investors.
“The existing pipeline gives us confidence in the platform’s ability to scale and reach our target GDV of circa £500 million.”
