Global rental housing specialist Greystar has boosted its Irish purpose-built student accommodation (PBSA) portfolio with the acquistion of a 265-bed building in the southwestern city of Cork.
The purchase of Copley Court, in one of Ireland’s largest and fastest-growing university cities, brings the company’s overall PBSA holdings in Ireland close to 2,200 beds.
Copley Court, situated close to the city centre, is fewer than 3km from University College Cork and a host of other tertiary education colleges, Greystar noted in a statement. As well as being fully let during the academic year, the property benefits from a strong summer letting programme, the firm added.
Source: realassets.ipe.com on the 26th of August