BLA blue sky alternative investments limited

News: BLA Blue SKY Alternative Investments enters student accommodation JV

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    March 21 (Reuters) - Blue Sky Alternative Investments Ltd (BLA) :

    • Blue Sky enters student accommodation joint venture (BLA)
    • Joint venture will pursue investment opportunities within the student accommodation sector in Australia and New Zealand
    • Blue Sky does not anticipate transaction will have material impact to its FY 2016 earnings
    • Provide no amendment to existing guidance that fee earning assets under management expected to exceed A$2 billion at 30 June 2016
    • Blue Sky private real estate has agreed terms with a subsidiary of Goldman Sachs
    • Says terms to establish a new student accommodation joint venture
                            
 
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