SINGAPORE (EDGEPROP) - Singapore-based private equity investment firm, Q Investment Partners (QIP), and its joint-venture partner UK property developer, HG Developments, have secured a £18 million ($33.6 million) loan for two purpose-built student accommodation projects (PBSA), in Edinburgh and Egham in the UK. The debt financing was raised from Secure Trust Bank Real Estate Finance, a UK retail bank.
(See also: QIP launches GBP30 mil student accommodation fund)