£143.350.000
Confirmation
7 Prime Student Accommodation Assets
United Kingdom
Special purpose
#16429
Core+
28 Oct 2024
Property Details
Broker
For sale
Leasable area
5.44 %
Freehold
Fees
Investment Overview
Excellent opportunity to acquire a rare freehold purpose built student accommodation portfolio with diverse geographical spread across the UK (1,250 bedrooms). 7 Freehold/Feuhold Assets. Attractive balance of domestic (46%) and international (54%) students. Strong operational track record and has achieved 100% occupancy for the 2022/23 academic year. Rent growth forecast of 8% for the 2023/24 academic year. Total gross income of £10,703,000 for 2022/23 academic year. Exposure to a total of 12 universities and 170,356 students. The assets are offered as a portfolio but the vendor will consider offers for individual assets.
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