GCP STUDENT LIVING PROPERTY PORTFOLIO FULLY OCCUPIED FOR ACADEMIC YEAR

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LONDON (Alliance News) – GCP Student Living PLC on Thursday said its property portfolio is now fully occupied with respect to the 2016/17 academic year.

It said its average growth in rental income, as compared to the prior academic year, is 3.9%.

The student accommodation real estate investment trust currently owns and operates around 2,000 beds across six properties.

Shares in GCP Student Living were down 1.3% at 145.02 pence Thursday.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

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