Summary:
- Goldman Sachs Alternatives and Generation Partners have acquired Portswood House, a 435-bedroom purpose-built student accommodation (PBSA) asset in Southampton, for £86 million, marking a significant expansion of their UK PBSA portfolio.
- This acquisition follows a £110 million joint purchase by the same partners earlier in the year of two PBSA assets in Cardiff and Bournemouth, signalling Goldman Sachs’ renewed commitment to the UK student accommodation sector after exiting in 2020.
- Generation Partners will manage Portswood House’s asset and development functions, while Now Student Living will oversee property management, focusing on delivering high-quality operations and enhancing the student living experience.
Original article:
https://pbsanews.co.uk/2025/07/30/generation-and-goldman-sachs-acquire-portswood-house/
