Blackstone has added more than 1,000 beds to its UK student housing portfolio through the acquisition of two properties from Downing Students.
IQ Student Accommodation, a Blackstone portfolio company, said it has supported Blackstone’s acquisition of two purpose-built student accommodation assets in London and Edinburgh, without disclosing any financials.
The assets are Vega, an 841-bed property in Vauxhall, London, and The Mont, a 324-bed property located close to the Central Area of the University of Edinburgh.
Source: realassets.ipe.com on the 2nd of November 2023
https://realassets.ipe.com/news/blackstone-adds-london-and-edinburgh-assets-to-uk-student-housing-portfolio/10069820.article