Summary:
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Orka Investments has completed the acquisition of Vista Square, a 249-bed PBSA scheme in Liverpool, through its joint venture with a top-five global real estate investor.
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The deal follows the purchase of Hill View Place in Exeter earlier this month and takes the joint venture’s portfolio to 1,761 beds across five schemes. Including assets held outside the joint venture, Orka’s wider UK student housing platform now totals 2,329 beds across seven schemes.
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The joint venture targets income-producing schemes in Russell Group university cities, bought below replacement cost, where targeted investment and active asset management can lift performance. Its strategy focuses on driving returns through operational improvements rather than relying solely on rental growth, which has returned to longer-term averages across the sector.
Original article:
https://www.showhouse.co.uk/orka-investments-acquires-249-bed-pbsa-scheme-in-liverpool/news/
