Harrison Street Asset Management Sells UK Student Housing Portfolio
Chicago-based Harrison Street Asset Management announced the sale of a purpose-built student accommodation portfolio in Bristol, United Kingdom to Ottoway Portfolio Holdings.
CBRE advised the seller on the transaction. The portfolio comprises two adjacent, high-quality student housing properties, Print Hall and Unity Street, totaling 491 beds and developed in partnership with joint venture partner Global Student Accommodation. The assets offer a mix of studios and single bedrooms within cluster apartments and feature premium amenities.
Located near the University of Bristol and the city center, the properties benefit from proximity to key academic institutions and the city’s shopping district. Print Hall opened in 2017, while Unity Street was delivered in 2019.
“This transaction reflects the attractiveness of high-quality student housing as an asset class, and the continued global demand for alternative real estate in institutional-grade portfolios amid a more selective investment environment,” said Paul Bashir, CEO-Europe Real Estate at Harrison Street Asset Management.
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Jared Ennis
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Rick Recckio
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Essex Property Trust, Inc.
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Josh A
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Bob Tuteur
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