Aviva Investors, the global asset management business of Aviva, announced that it has acquired a portfolio of six purpose-built student accommodation (PBSA) assets and a mixed-use commercial investment, extending its strategic asset allocation to the direct-let PBSA sector.
The student housing portfolio comprises a total of six assets in four cities across the United Kingdom, including Edinburgh, Exeter, Falmouth and Liverpool, which together provide bedspaces for more than 1,000 students.
As part of the transaction, Aviva Investors also has acquired a complementary commercial asset in Liverpool spread over 65,000 square feet and offering mixed-use leisure and retail spaces including hospitality, hotel and supermarket facilities. All assets align with Aviva Investors’ long-term sustainability ambitions, with two of the assets already having on-site photovoltaic panels installed to reduce reliance on traditional energy sources.
Aviva Investors’ operating part
