Global Student Accommodation Group (GSA), a specialist in university student living, and its joint venture partner, Harrison Street, have acquired two purpose-built student accommodation (PBSA) assets in Bristol, United Kingdom.
Under the terms of the transaction, the joint venture has acquired the Print Hall and Unity Street residences from a U.K. Pension Fund, with HSBC providing bank debt for the acquisition. The properties will be operated by GSA, extending the long-term and valued partnership with the University of Bristol.
Print Hall and Unity Street are adjacent student residences with a combined 500 beds, offering both studios and single en-suite bedrooms within cluster apartments, and featuring top-tier facilities. They are conveniently located for students attending the University of Bristol, and they are also close to the city’s central amenities in an area undergoing comprehensive regeneration. Print Hall opened in 2017, and Unity Street opened in 2019.
