Deals
Brookfield, Greystar Explore Bids for U.K. Student Dorms Giant
- Blackstone also among firms in early stages of preparing bids
- Goldman-backed iQ also mulling an IPO in London next year
A rendering of the iQ Echo Street co-living and student housing facility in Manchester City.
Source: iQ Student Accommodation
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Brookfield Asset Management Inc. and Greystar Real Estate Partners LLC are among suitors considering bids for U.K. student housing provider iQ Student Accommodation Ltd., which could fetch about 4 billion pounds ($5.3 billion), according to people familiar with the matter.
Blackstone Group Inc. is also planning to bid, said some of the people, who asked not to be identified because the details aren’t public. As well as seeking buyers, the student housing group backed by Goldman Sachs Group Inc. is mulling a public listing in London next year, they said.