TPG Angelo Gordon and Hollybrook, a U.K.-based developer and contractor, have announced a programmatic joint venture targeting the acquisition and development of 2,000-plus purpose-built student accommodation (PBSA) beds over the next three years. The venture is focusing on supply-constrained, multi-university student markets in the United Kingdom with strong demand fundamentals and growing student populations.
The joint venture has seeded the platform with a 271-bed PBSA development in Wimbledon, which Hollybrook commenced construction on last summer and is due for completion ahead of the 2026-2027 academic year. The site benefits from strong transport links to Central London via train and overground and is walking distance from Wimbledon Town Center and UAL’s Wimbledon College of Arts.
A second London PBSA scheme of 300 beds is due to be acquired by the platform in the coming weeks which, along with the Wimbledon development, will have a combined gross development
