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Crosslane’s upcoming student housing property in Coventry is expected to deliver in time for the 2019/20 academic year.

LONDON—In its second UK student housing joint venture in as many weeks, Harrison Street Real Estate Capital said Tuesday it would partner with Crosslane Property Group UK Ltd. Initially, the Harrison Street/Crosslane JV will jointly develop a portfolio of four purpose-built student housing properties totaling 1,267 beds in the university cities of Leeds, Coventry, Portsmouth and Swansea. Gross development value for the four properties is £125 million, or approximately US$175 million.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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