Liberty Living Limited

is one of the UK's largest privately owned providers of purpose-built student accommodation

We have over 23,500 beds under management across 51 residences in the UK. 

Our accommodation is in prime locations across 19 major university towns and cities. In line with trends in student living, the majority of our rooms are en-suite with shared kitchens and social areas. The remainder are non-ensuite rooms. All our rooms are situated in high-quality, modern residences with, on average, 400 or more bedrooms, providing us with the scale we need to manage our assets effectively and efficiently.

Our aim is to create the best environment for students to thrive; well-located, well-priced, social and secure accommodation with outstanding facilities. We serve first to final year, domestic and international students and aim to provide extremely high levels of service to both students and our educational institution partners.

We are a trusted partner to more than 40 educational institutions who rely on us to provide best-in-class student accommodation and facilities, so they can focus on delivering world-leading education. Our financial strength, operational track record and high quality of service are key differentiators when educational institutions are selecting accommodation partners.

We are founding members of the ANUK code, which sets high standards for the management of student accommodation, and are highly-regarded across the industry for our superior service standards.

Liberty Living’s portfolio is valued at £2bn (August 2017).

KEY FACTS

> Established in 2000

> 51 residences across 19 UK locations

> 23,500+ beds under management

> Relationships with 40+ educational institutions

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Liberty Living portfolio breakdown

Ownership

Liberty Living was acquired by the Canada Pension Plan Investment Board (CPPIB) in March 2015. Since then, our portfolio has grown by 41%.

Canada Pension Plan Investment Board (CPPIB) is a professional investment management organisation that invests the funds not needed by the Canada Pension Plan (CPP) to pay current benefits on behalf of 20 million contributors and beneficiaries. In order to build a diversified portfolio of CPP assets, CPPIB invests in public equities, private equities, real estate, infrastructure and fixed income instruments. Headquartered in Toronto, with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, São Paulo and Sydney, CPPIB is governed and managed independently of the Canada Pension Plan and at arm's length from governments. At June 30, 2017, the CPP Fund totalled C$326.5 billion. 

The CPP is ranked as one of the the 10 largest retirement funds in the world, allowing it to undertake large transactions with which few others can compete. The certainty of these assets affords CPP the ability to be flexible, patient investors who can capitalise on opportunities in volatile markets when others face liquidity pressures. CPPIB is a long-term investor in Liberty Living seeing it as an ideal platform through which it can build further scale. 

“As a long-term investor, this is an exciting investment for CPPIB and an ideal platform through which we can build further scale, capitalising on Liberty Living’s position as one of the leading operators in the U.K. student accommodation sector,” said Andrea Orlandi, Managing Director, Head of Real Estate Investments Europe, CPPIB. (News Release, 6 March 2015)

Corporate information