Summary:
- ActivumSG has launched a value-add PBSA platform targeting over £500m in assets under management, starting with a portfolio of seven UK assets totalling 972 beds, primarily serving Russell Group university students in Manchester, Edinburgh, Exeter, and Cardiff.
- The platform operates in partnership with The Mansion Group Holdings, which will manage all assets through its Mansion Student brand, focusing on repositioning existing PBSA stock by upgrading operational performance and sustainability standards.
- ActivumSG’s strategy addresses the UK’s undersupply of student accommodation by acquiring and refurbishing pre-2012 assets, aiming to deliver modern, affordable housing while capitalising on strong institutional investor demand and market fundamentals.
Original article:
https://benews.co.uk/activumsg-launches-new-500m-pbsa-platform/