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Gatehouse acquires UK student accommodation property

Gatehouse Bank plc (“Gatehouse”), the London-based investment bank specialising in Shariah-compliant products and services, is pleased to announce the acquisition of Fountainbridge, a student accommodation property located in Edinburgh, United Kingdom, from Rockspring Property Investment Managers LLP (“Rockspring”) UK Value fund for £20.0 million. The property is a modern, purpose built student accommodation asset with a total of 331 bedrooms, centrally located to the University of Edinburgh, Herriot-Watt, Napier and Queen Margaret universities. The investment marks the continued development of Gatehouse’s activity in the UK student accommodation sector following the firm’s successful reali

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