Private equity firm the Abraaj Group is partnering with BLG Capital to invest in Republika Academic Apartments as a means of capitalizing on the under supply of student housing in Turkey.

The buildings are located in Irtakoy and Buyucekmece, in Turkey, and are used as student, young professional and apartment-hotel accommodations. The buildings also include cafes, restaurants, a pool, gym, study and game room. Terms of the investment were not disclosed.

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