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Sign in Sign up for a FREE subscriptionPartners Group teams up with Host to create €1.2b U.K. PBSA & co-living JV
Partners Group, acting on behalf of its clients, and Host Student Housing Ltd. Host, a fully integrated developer and operator in the student and living sector and one of the largest providers of student accommodation in the United Kingdom, have formed a new £1 billion (€1.2 billion/$1.2 billion) U.K. student accommodation and co-living joint venture. Host, in conjunction with Tiger Developments, is part of the O’Flynn Group of companies, which has extensive interests in the property sector in Ireland.
The joint venture aims to meeting the strong and growing demand in the living sector for high-quality, sustainable, amenity-rich and professionally managed accommodation with best-in-class service. The joint venture is seeded with two Host-owned operational purpose-built student accommodation (PBSA) assets in Leicester and Colchester, a PBSA development project in Bournemouth, and a purpose designed co-living development project in Guildford.
In addition, there is a