Crosslane launches Dubai office
Crosslane Fund Manager has announced the launch of its Dubai office, appointing Lee Jones as head.
Lee’s tasks include the promotion of the Victus European Student Association Fund, supporting advisers in the UAE, and enhancing awareness of the fund throughout the region.
Victus offers investors an opportunity to invest in an open-ended European Student Accommodation Fund, blending a mixture of mature property together with development opportunities. The properties are located in the major university cities in Europe.
According to Crosslane, the number of students studying abroad has risen from 1.75 million to more than 3 million since 2000. This number is forecast to double by 2025, reaching 7.6 million.
Lee has worked in the Gulf area for more than five years and has extensive financial sector experience. Responding to the recent appointment, Mark Stubbs, sales director at Crosslane comments: “It is Crosslane’s aim to become the primary point of contact for investors wishing to access the European Student Accommodation sector and Lee will spearhead the growth of this office.”
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