Frogmore buys student digs for £26.5m

Sunday 10 July 2011 00:00 BST

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Frogmore, the property company run by Paul White, has teamed up with student housing specialist The Mansion Group to buy a block of student digs in east London.

The block was put into receivership by Anglo Irish Bank, the lender to the previous developer of the scheme. Frogmore paid £26.5m through its Frogmore Real Estate Partners II fund, which invests in a range of properties from retirement parks, to hotels, apartments and City offices.

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Frogmore buys student digs for £26.5m

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