Harrison Street Asset Management (HSAM) has sold a purpose-built student accommodation portfolio in Bristol, United Kingdom, to Ottoway Portfolio Holdings.
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 en-suite bedrooms within cluster apartments and feature premium amenities. Located near the University of Bristol and the city center, the properties are near not only key academic institutions but 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
