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CA Ventures has launched a new property-management platform, Novel Student, to operate the company’s portfolio of purpose-built student accommodation assets throughout Europe.
It will begin by managing three upcoming communities in the United Kingdom, with a total of 897 beds that are slated to deliver for the 2021–2022 academic year. The properties are Sheffield: Hillside House (250 beds) at 86 Winter St., near Sheffield University and Sheffield Hallam University; Glasgow: Bridle Works (422 beds) at 350 Cathedral St., near the University of Strathclyde, University of Glasgow and Glasgow Caledonian University; and Edinburgh: Silk Mill (225 beds) at 162 Dundee St., near Edinburgh Napier University and the University of Edinburgh.
Additional projects are scheduled to deliver in 2022 and 2023 across the United Kingdom, Ireland, Spain, Italy and Poland.
The projects are backed by capital partners: PGIM Real Est
