Global Student Accommodation (GSA) and Nuveen Real Estate, on behalf of its parent company TIAA, announce the completion of the acquisition of the YouFirst Campus portfolio from Gecina, for approximately €540 million.
The portfolio comprises over 3,700 beds, with an 80% weighting to Paris, one of the most popular study destinations for students in Europe. Other assets are located in close proximity to leading universities in Bordeaux, Lille, Lyon, and Marseille.
Source: Press release sent 26th of June