Summary:
- QuadReal Property Group has appointed Collegiate UK to manage its UK PBSA portfolio of eight assets and 3,460 beds across key university cities, following its acquisition from Apollo Real Estate last year.
- The appointment increases Collegiate UK’s UK portfolio by approximately 20%, consolidating management under one operator to enhance operational efficiency and consistency across locations including Wembley, Portsmouth, Cardiff, Norwich, Edinburgh, Sheffield, Glasgow, and Birmingham.
- OPRE Solutions led the competitive tender process and will support Collegiate UK’s structured mobilisation programme to ensure continuity for residents, staff, and university partners while driving performance and asset value.
Original article:
https://benews.co.uk/quadreal-appoints-collegiate-to-manage-uk-pbsa-portfolio/
