Majority Stake in The Student Hotel Chain to Be Sold to Singapore, Dutch Funds
Photo Caption: An aerial view of a property run by The Student Hotel in Florence, Italy. Source: The Student Hotel (TSH).
Skift Take
Singaporean fund GIC and Dutch pension manager APG are placing a bet on hybrid hospitality with this deal. While private student housing is an old model, The Student Hotel cleverly optimizes how it sells its space to students, travelers, and professionals needing co-working space, depending on shifting demand.
Singapore's sovereign wealth fund, GIC Pte, and Dutch pension fund manager APG said on Tuesday they plan to take majority control of The Student Hotel (TSH), a hotel and student lodging company based in Amsterdam.
The parties did not disclose the financials of the deal.
The transaction would value T
