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Moorfield sells two student housing assets to Ares Management & Generation JV
Transactions - MAY 12, 2022

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Moorfield sells two student housing assets to Ares Management & Generation JV

by Released

Moorfield Group, a U.K.-focused real estate fund manager, has sold, on behalf of its Moorfield Real Estate Fund III (MREF III) and Moorfield Real Estate Fund IV (MREF IV), two purpose-built student accommodation schemes, totaling 789 beds, to a joint venture established between Ares Management funds and Generation Partners.

Hox Park, located in Egham, Surrey, provides state-of-the-art accommodation to students of Royal Holloway, University of London, which was recently ranked a Top 25 University by The Times and Sunday Times Good University Guide. Developed by Moorfield in partnership with Royalton Group and opened in September 2018 under its Domain brand, it features 499 student beds, comprising a mix of studios and ensuite apartments. Set within 67 acres of parkland which overlooks the River Thames, Hox Park offers students a high level of amenity, including a private gym and wellness center, parcel lockers, café space, car parking facilities, and a dedicated social and st

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