Summary:
- Orka Investments has partnered with a global institutional real estate investor to acquire UK purpose-built student accommodation (PBSA) assets, starting with three off-market deals totaling 1,300 beds primarily located near Russell Group universities.
- The joint venture secured financing from Investec to support its strategy of expanding the portfolio through further acquisitions of standing PBSA assets in key university cities, focusing on value-add repositioning.
- This collaboration highlights Orka’s capability to access off-market opportunities with stable income streams, while Investec provides tailored financing to enable growth in the specialist student housing sector.
Original article:
https://benews.co.uk/okra-investments-launches-uk-pbsa-joint-venture/
