The Carlyle Group enters UK student housing market through joint venture with Generation Estates

Global private equity firm The Carlyle Group today announces that it has entered the UK student housing market following the formation of a joint venture agreement with Generation Estates Limited. Carlyle and Generation is progressing schemes on four sites in London which are to be acquired providing the Group with an initial portfolio with capacity for circa 1,750 beds. Carlyle/GEL also hopes to work closely with London Universities and other private sector or overseas educational providers to fulfil their specific requirements.