Student landlord Liberty Living joins float class

 
The company manages about 42 student residences in 17 UK cities
Jamie Dunkley2 June 2014

Student landlord Liberty Living today became the latest company to announce plans to go public despite growing flotation fatigue among City investors.

The company, owned by property fund manager Brandeaux, manages about 42 student residences in 17 UK cities including London and Leicester.

Its property portfolio is worth about £1.1 billion but it did not say how much it plans to raise by joining the main market of the London Stock Exchange.

News of the flotation comes after Saga’s initial public offering got off to a disappointing start last month and high street retailer Fat Face pulled plans to list.

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