Summary:
- KKR and Inhabeo have acquired a £230 million portfolio of seven purpose-built student accommodation (PBSA) assets from Curlew Student Trust II, comprising 2,179 beds across seven UK university cities, with properties completed between 2020 and 2022 and strong occupancy driven by domestic undergraduate demand.
- Inhabeo will manage the portfolio as part of KKR Real Estate’s European Core+ living sector platform, which now exceeds £800 million in assets, reflecting KKR’s ongoing strategic focus on high-quality, affordable student housing aligned with rising UK university enrolment.
- This acquisition builds on KKR’s recent PBSA investments, including developments near the University of Warwick, Bristol, and Greater Copenhagen, reinforcing its commitment to expanding its European student housing footprint through targeted Core+ real estate strategies.
Original article: