Summary:
- BlackSand Capital, a Bahrain-based investment firm, plans to launch a UK Student Accommodation Fund valued at more than $160 million, targeting purpose-built student housing in leading UK university cities. The firm disclosed the plan alongside news that it has completed over $250 million in UK real estate acquisitions, lifting its total UK investment above $400 million.
- The new fund will pursue a value-add strategy: selective acquisitions, refurbishment, operational improvements, and active asset management. The aim is sustainable income and long-term capital appreciation, built on acquiring assets at attractive entry prices.
- BlackSand’s existing UK portfolio spans logistics, commercial offices, car parking, and student accommodation. Cited deals include a regional distribution centre, the Q-Park Royal Liverpool Hospital car park, and a City of London office building.
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