Global Student Accommodation’s Acquisition of Seven UK Student-Housing Assets

In UK Bedell Cristin, advised on the matter.

Bedell Cristin advised Harrison Street Real Estate Capital with a team including Bruce Scott (Picture – Finance).

The transaction combines the acquisition of Harrison Street’s interest in six assets held in an existing joint venture partnership with GSA, and the acquisition of Scotway House, Glasgow, which Harrison Street held in a joint venture partnership with Structured House Group.

Located in top-tier university cities across the UK, the portfolio of seven properties consists of 2,171 beds serving students attending City University of London, London School of Economics, Newcastle University, Northumbria University, University of Lincoln, Nottingham Trent University, Sheffield Hallam University, University of Exeter, and University of Glasgow.

Established in 2013, GSA is an investment specialist focusing on real estate asset management in the student housing sector, with a presence in nine countries, including 65 cities.

Harrison Street s a leading investment management firm exclusively focused on alternative real assets. 

Bedell Cristin’s team was led by partner Bruce Scott (Picture) and associate Daniel McAviney.

 

 

Involved fees earner: Daniel McAviney – Bedell Cristin; Bruce Scott – Bedell Cristin;

Law Firms: Bedell Cristin;

Clients: Harrison Street Real Estate Capital;

Author: Giulia Di Palma