The portfolio comprises a range of student accommodation properties that offer extensive amenities and convenient access to universities. These assets are strategically located in key university cities in the UK such as Bristol, Cambridge, Durham, Edinburgh, Oxford and York, as well as Bremen in Germany.
Mapletree Investments has announced the acquisition of 8,192 operational beds across 19 cities in the UK and Germany, as well as an operating platform from Cuscaden Peak Investments.
The GBP1 billion ($1.7 billion) acquisition brings the overall bed count within Mapletree’s UK portfolio to over 17,000, solidifying Mapletree’s position as one of the largest owners of student housing assets in the UK.
