Acting on behalf of Maven Capital, IP Investment Management and Glenmore Group, global property consultancy Knight Frank has brought a significant purpose-built student accommodation portfolio to market.
Knight Frank is seeking offers in excess of £84.1 million (€98 million/$116.27 million) for the freehold interest of The Trium portfolio — a trio of assets located in Durham, Southampton and Exeter.
Situated in some of the United Kingdom’s top-performing Russell Group university cities, Duresme Court in Durham, Stanley Studios in Southampton and West Gate in Exeter together comprise 619 studios and apartments.
Rachel Pengilley, a partner in the Student Property team at Knight Frank, said, “The Trium Portfolio provides an excellent opportunity to secure three best-in-class schemes with exceptional amenity provision. Each of the properties occupies a prime micro-location within its respective student market; we believe this will make the portfolio highly
