Student Dorms Drawing Billionaires Have Record Sales in U.K.

For the first time the value of acquisitions in the U.K. student-accommodation market beat the U.S., where $3 billion was spent on this type of property during the same period.

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Goldman Sachs Group Inc., Russian billionaire Mikhail Fridman and Canada Pension Plan Investment Board are among buyers who have spurred investments in U.K. student-housing to a record this year.

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