Summary:
- Nuveen Real Estate has launched a €220 million separately managed account backed by Korea’s Public Officials Benefit Association, with Mirae Asset Global Investments participating as co-investor and domestic asset manager.
- The SMA will target Core-Plus real estate equity opportunities across Europe, with Nuveen responsible for sourcing, execution and asset management.
- Its first investment is the 3,323-bed “Bravo!” PBSA portfolio across seven Spanish university cities, described by Nuveen as Europe’s largest private student housing transaction this year.
Original article:
https://en.sedaily.com/news/2026/07/02/koreas-goepa-sets-up-3878-billion-won-european-property-sma
