Partners Group has teamed up with Aboria Capital to acquire a five-asset, purpose-built student accommodation portfolio from HSBC Asset Management for around £165 million (€192 million).
The acquisition was made by a joint venture between Partners Group, the Downing family office, Aboria Capital, and a UK single family office.
The transaction marks Aboria’s first acquisition since the platform was launched in partnership with the Downing family office. The Downing Group is one of the UK’s largest privately owned property businesses and an early pioneer in the PBSA sector.
Source: realassets.ipe.com on the 18th of September