GCP Student Living
plc
(“GCP Student” or
the “Company”, together with its subsidiaries the “Group”)
LEI: 2138004J4ID66FK38H25
Appointment of New
Director
GCP Student Living, the UK's first REIT focused on student
residential assets, is pleased to announce the appointment of
Gillian Day as a non-executive
Director of the Company, with effect from 23 February 2018.
Over the course of 20 years in finance, Ms Day has advised a
broad range of private and public companies across a number of
sectors working extensively with institutional investors,
multilateral agencies and governments. Ms Day
is currently Head of Private and Institutional Capital
Engagement at CDC Group. She is a governor of The London School of Economics and a member of the
finance committee. She has also served as a governor of the Museum
of London and on its development
board, audit and remuneration committees. She began her career at
J.P. Morgan with a variety of advisory and capital markets roles in
New York and London and then joined The Royal Bank of
Scotland in private placements,
portfolio management and corporate coverage. She was also a
member of the investment committee for the European Fund for
Strategic Investment at the European Investment Bank. Ms Day
has a Masters from Columbia University's
School of International and Public Affairs and a BSc. in
Economics from The London School of Economics
and Political Science.
Ms Day is not currently, and has not been in the last five
years, a director of any other publicly quoted company. There are
no other details required to be disclosed under LR 9.6.13R (2) to
(6) of the Financial Conduct Authority Listing Rules.
Robert Peto, Chairman, commented,
“We are delighted that Gillian Day
is joining us and look forward to her contribution to the
development of the Company”.
23 February 2018
For further information, please contact:
Gravis Capital Management
Limited
+44 020 3405 8500
Tom
Ward
tom.ward@graviscapital.com
Nick
Barker
nick.barker@graviscapital.com
Dion Di
Miceli
dion.dimiceli@graviscapital.com
Stifel Nicolaus Europe
Limited
+44 020 7710 7600
Neil
Winward
neil.winward@stifel.com
Mark
Young
mark.young@stifel.com
Tom
Yeadon
tom.yeadon@stifel.com
Buchanan
+44 020 7466 5000
Charles Ryland
charlesr@buchanan.uk.com
Vicky Watkins
victoriaw@buchanan.uk.com
About GCP Student Living
The Company was the first student accommodation REIT in the UK,
investing in modern, purpose-built, private student residential
accommodation and teaching facilities. Its investments are located
primarily in and around London
where the Investment Manager believes the Company is likely to
benefit from supply and demand imbalances for student residential
accommodation.
GCP Student’s property portfolio comprises ten assets with
c.3,600 beds which are either currently fully operational or
expected to complete construction/ refurbishment over the next two
academic years. At 31 December 2017,
its property portfolio was valued at £739.6 million.
The Company’s standing properties are mainly occupied by
international students and offer high specification facilities and
hotel-level concierge type services which the Investment Manager
believes are attractive to overseas students.