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'Luxury' student accommodation sold to Middle Eastern bank

Ernest Place, a 362-bed block of accommodation next to Tesco Extra, in Gilesgate, Durham has been sold to Ahli United Bank (UK) Plc, which is based in Bahrain. It bought the accommodation from Studious Investment Management, a specialist boutique student accommodation investor and developer, for an undisclosed sum. Maz Osman,…

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