IQ Student Accommodation

Chapter Spitalfields, an IQ student hall

IQ Student Accommodation is the UK's largest provider of purpose-built student accommodation by value, and second largest by number of bedrooms (after Unite Students).[1] It owns 66 halls of residence, with 28,000 bedrooms. The majority shareholders are the bank Goldman Sachs, and the charity Wellcome Trust.[2]

In 2016, the Wellcome Trust merged its student accommodation business with Prodigy Living, owned by Goldman Sachs and Greystar Real Estate Partners, thereby founding the company.[1]

In December 2017, IQ bought Pure Student Living from LetterOne Treasury Services for £869 million, adding 11 sites in London, Edinburgh, York, Bath and Brighton.[2][3][4]

As of February 2018, IQ owns 66 student halls,[1] with 28,000 bedrooms, and a valuation of about £3 billion.[3] IQ has the largest London portfolio, with 6,700 rooms in 15 sites.[3]

In February 2018, Penny Hughes was appointed as chair, joining Rob Roger who is the chief executive (CEO).[1]

References

  1. 1 2 3 4 Curry, Rhiannon (18 February 2018). "RBS director to chair UK's largest student digs company". The Daily Telegraph. Retrieved 10 September 2018 – via www.telegraph.co.uk.
  2. 1 2 iqadministrator. "Corporate". www.iqstudentaccommodation.com. Retrieved 10 September 2018.
  3. 1 2 3 Lynch, Russell (19 February 2018). "London student digs giant iQ eyes float after £870m buy". Evening Standard. Retrieved 10 September 2018.
  4. ↑ "iQ Student Accommodation acquires Pure Student Living - LetterOne". www.letterone.com. Retrieved 18 September 2018.

Official website

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