Unite Group, the student accommodation company, is to sell a majority stake in its committed future developments to Oasis Capital, a Bahrain-based bank, in a sign of appetite from overseas investors in the UK specialist property sector.

The company, which is expected to announce the deal on Wednesday, is creating a £200m ($330m) joint venture to hold three schemes that will be delivered in 2010, totalling 1,125 new beds, all located in London.