Harrison Street Asset Management (HSAM) has sold Stoneybatter Place, a purpose-built student housing community in Dublin, to asset manager Commerz Real.
Completed in 2023, Stoneybatter Place comprises 142 beds across fully furnished apartments and offers a range of amenities, including learning and lounge areas, a gym and rooftop terraces. Located west of Dublin city center, Stoneybatter Place is within walking distance of Technological University Dublin and provides convenient public transportation access to other universities and the city center.
“Stoneybatter Place reflects our long-standing strategy of investing in purpose-built student accommodations in markets with high demand, but limited supply,” said Paul Bashir, co-head –Europe, at HSAM. “While we continue to hold strong conviction in the student housing sector, increased institutional demand for high-quality assets has created select o