GCP STUDENT LIVING PLC

Description

GCP Student Living PLC is a UK-based real estate investment trust (REIT). It was found in 2013 and its headquarters are in England. The company is listed on the London Stock Exchange publicly and it also falls under the FTSE 250 index. It invests in residential and student accommodation assets, mainly in and around London. The investment manager of the company is Gravis Capital Management Limited.

The aim of the company is to provide sustainable and growing dividends with potential and enduring capital appreciation, with RPI inflation-linked income characteristics. This can be achieved by creating and maintaining a diversified portfolio through owing, leasing, and incensing different kinds of residential properties for students as well as teaching facilities and higher education institutions. It covers around 4116 beds, 82 higher education institutions, across 122 nationalities. Some properties in which it has invested include Scape Bloomsbury, Scape Mile End, Circus Street, Scape Wembley, Scape Shoreditch, The Pad, Scape Guildford, Water Lane Apartments, Scape Brighton, Scape Greenwich and podium.

GCP Student Living PLC follows a set of well-defined environmental, social and governance (ESG) policies. According to The Global Real Estate Sustainability Benchmark, the company, in 2020, achieved 2 green stars for its real estate investments. It also stood on the 4^th rank out of 8 in the UK residential category. In addition to this, the Company was also rated 'A' in MSCI ESG rating. The key focus of the company is on sustainable investments, and it has been acknowledged by the European Real Estate Association with EPRA sBPR silver award for its sustainability efforts. It invests in energy efficiency and better utilization of resources and has 100% of its portfolio with an EPC (Energy Performance Certificate) rating of B or above. The company strives to achieve long term targets for reduction in energy consumption, water consumption, waste production and management, with baseline year 2018 to 2021.

The company follows corporate governance standards and an ethical business code of conduct. It complies with modern slavery policy and aims to control human trafficking according to the international best policies. It also has strong policies on anti-bribery and tax evasion. The goal of the company is to maximize the returns for all stakeholders while minimizing the risk associated with investments, with the help of diversification of the portfolio of the company.