CPPIB pays $1.67 bln for U.K. student accommodation: Reuters

Canada Pension Plan Investment Board (CPPIB) has paid 1.1 billion pounds (US$1.67 billion) to buy Liberty Living, one of Britain's biggest providers of student accomodation, Reuters reported. As part of the deal, CPPIB said it bought residences in 17 of the largest university towns and cities across the United Kingdom from Brandeaux Student Accommodation Fund.

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