Summary:
- QuadReal Property Group has acquired a 3,460-bedroom PBSA portfolio from Apollo-managed funds, consisting of eight UK assets developed within the last five to seven years, featuring modern amenities such as gyms, co-working spaces, and event areas.
- The portfolio is strategically located in key UK PBSA markets, including London, with 75% of units near prestigious Russell Group universities; OPRE Solutions will manage the assets, supporting QuadReal’s expansion in a market with strong demand and structural undersupply.
- QuadReal’s acquisition aligns with its Europe residential strategy, leveraging its global experience managing over 28,000 student beds; the UK PBSA sector is poised for growth due to rising student numbers and a projected shortfall of 840,000 units by 2027.
Original article:
https://pbsanews.co.uk/2025/07/31/quadreal-property-acquires-pbsa-portfolio-from-apollo/