Now headquartered in London, in addition to supporting the capital and hometown of Bristol, the firm provides accommodation in areas including Cirencester, Nottingham, Loughborough, Leeds, York, Liverpool and more.With ?200m worth of funding under its belt, Student Cribs aims to more than double its current portfolio of 180 properties in 12 cities with an expansion of 500 additional homes ? around 3,500 bedrooms ? in the next four years. Meanwhile, Manchester, Durham, Exeter and Cardiff are among the target locations where the company hopes to achieve growth. It comes following fellow London firm Student.com, which delivers overseas accommodation,?securing an investment round of $60m from investors including the founders of Spotify at the start of the year. ?This is the UK?s largest fund raise specifically targeting second and third year students. We are excited to be able to progress our plans for further expansion and so introduce the Cribs brand to many more students across the UK,? said Charlie Vaughan-Lee, founder and CEO at Student Cribs.
Read more on developments in the property market:
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- Goal scoring opportunity as David Beckham?s French home is on sale at ?4m loss
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