AustralianSuper has secured its first portfolio transaction for its new UK living platform, acquiring six purpose-built student accommodation (PBSA) assets from Harrison Street Asset Management.
The Australian superannuation fund has invested an unspecified amount to acquire the portfolio of 1,616 beds in London, Edinburgh, Belfast, Cardiff, Birmingham and Leicester.
AustralianSuper’s new UK living platform, launched in October with an initial commitment of £500 million, targets investments across the UK living sector. Its inaugural transaction was the acquisition of a student housing development in Bristol as a seed investment.
Source: IPE Real Assets on 11 December 2025
https://realassets.ipe.com/news/australiansuper-acquires-six-uk-student-properties-from-harrison-street/10134183.article