GCP Student Living is considering a share placing to raise between £30m and £43m.
The sole UK REIT investing in student accommodation said the funds would be used to acquire a further asset.
It said: “Any such equity raise would be at a premium to the prevailing net asset value of the company and made on a pre-emptive basis to shareholders on the company’s register as at the record date.”
GCP is taking legal, tax and financial advice and will make a further announcement in due course.
