EXTRAORDINARY VALUE CREATORS FOR STUDENTS AND INVESTORS
An award-winning management platform delivering extraordinary student accommodation, focused on fast and sustained growth for investors
We have a strong track record and reputation, with £0.6bn of operational assets currently trading under management. With a premium proposition, we have successfully delivered proven market leading rental and capital growth in just 7 years
TRUE TIMELINE
Current - Total Portfolio (2023) including pipeline of 6,400 beds across UK PBSA market
We have a strong track record with multiple ownership models including managing 3rd Party locations for select partners
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EXITED FOR 45M HIGHER IN 12 MONTHS
true Liverpool
Generating £8.6M revenue for AY 23/24 +10% growth in 2 years
£179 AWR
Fractional to institutional ownership model
£272 AWR
true Glasgow
On a 51 ATL (rate increase of +27% in 3 years)
GDV; 59M (2022) 55% increase from initial purchase
Institutional ownership model
16% AWR
growth in
3 years
true Newcastle
£197.6 AWR
Fractional ownership model
In the words of our partners…
“The growing popularity of the brand reinforces that true Student’s obsession with customer understanding and a hospitality experience will help the platform and its guests reach full potential.
- Kristian Smyth
Executive Director
Tristan Capital Partner
“Everyone knows the student housing market in Liverpool is highly competitive, so we needed an operator that was able to differentiate and address our target market. We underwent a comprehensive and rigorous operator selection process from an initial panel list of 9 operators that expressed interest. The experience of working with true student over the past two and a half years and the end product vindicates our conviction in selecting true student as the operator for true Liverpool. Their input on the design of the rooms, amenity space, and facility services was invaluable while their holistic focus on Student well-being and attention to detail is admirable. Member investors at Aura Investors LLP are genuinely very happy with the value-add that true brought to the table.”
- Paul Chung
Aura Investors LLP
4 FACTORS FOR FAST AND SUSTAINED GROWTH
1
Focused, specialist teams = market-leading resultS
A dedicated, centralized sales team drive dynamic pricing and ensure 100% occupancy. Ops teams focused on great guest experience drive the best retention rates in the industry
2
Experience driven luxury = top rates & satisfaction
It’s more than money. It’s about doing the right thing to exceed guest expectation.
We create outstanding value by delivering an outstanding experience. Our trueLife platform creates greater demand, rates and guest satisfaction, whilst our buildings are specced to the highest possible standards.
Here’s our latest brand personality video
3
Proprietary Tech = efficient performance
To provide greater flexibility and efficiency for property owners, we offer a full suite of property management services that utilizes true student’s very own Propriety tech platform across web, and mobile app, to optimize property performance and enhance the guest experience.
4
End-to-end expertise = enhanced value opportunities
As part of the Bricks Group family, we have extensive experience in investment, development, design & planning, and exiting – across PBSA and hotel sectors. We think as owners and investors, not just operators - enhancing value for investors and creating a more holistic experience for guests.
We have complete flexibility to tailor our various areas of expertise to each of our partners.
Our full suite of services
design and
development
property
management
asset
management
“As investors and property developers, we realised the incredible ability of management to generate huge value for property owners - yet there were no branded market-leading operators – so we created one!
“true is an extraordinary platform built from intimate knowledge of asset value creation”.
- Pete Prickett
CEO Bricks Group
GET IN TOUCH
We’d love to talk to you about how we can grow at scale and pace together.
contact
Jess Jackson
Business Development Manager
Email:
jess@truestudent.com
Phone:
07549 534089