"Created for income and positioned for growth, the portfolio approach offers investors an opportunity for scale, diversification and value uplift upon exit," said QIP in a statement on Thursday.
Up to 20 per cent of the capital raised will be used to"take advantage of market dislocations" in the sector resulting from the pandemic. Among the"market dislocations" the firm is looking to seize are attractive land purchases and opportunities to repurpose buildings intended for other uses, such as for retail and offices, into student accommodation.
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