Scion Venture Kicks in Roughly $1.6 Billion in U.S. Student Housing

Posted on 03/16/2017


The housing venture Scion Student Communities LP, mostly backed by wealth fund and pension capital, acquired three U.S. student housing portfolios for approximately US$1.6 billion. The venture is comprised of Canada Pension Plan Investment Board (CPPIB), Singapore’s GIC Private Limited and The Scion Group LLC. CPPIB and GIC each own a 45% interest in the […]