Student accomodation fund is re-opened by Brandeaux

Brandeaux has reopened its Isle of Man-domiciled Student Success fund, which has been closed to new investors since 2003 due to a lack of investment opportunities. Roger Boyland, chairman of Liberty Living, which manages the £130m Brandeaux Student Success fund, said: "We had strong inflows into the fund at the time. We were not able to place any more money so we closed Student Success to new investments." The reopening of the fund follows its recent acquisition of properties in Manchester, Glasgow and Aberdeen for a total of £57.25m. Its existing accommodation is based in Leicester, Le...