{"id":12743,"date":"2024-01-22T17:22:44","date_gmt":"2024-01-22T11:52:44","guid":{"rendered":"https:\/\/www.universityliving.com\/blog\/?p=12743"},"modified":"2024-01-22T17:48:11","modified_gmt":"2024-01-22T12:18:11","slug":"aviva-investors-acquires-a-150-million-pbsa-portfolio-across-the-uk-to-expand-its-presence-in-the-sector","status":"publish","type":"post","link":"https:\/\/www.universityliving.com\/blog\/student-housing-news\/aviva-investors-acquires-a-150-million-pbsa-portfolio-across-the-uk-to-expand-its-presence-in-the-sector\/","title":{"rendered":"Aviva Investors acquires a \u00a3150 million PBSA portfolio across the UK to expand its presence in the sector"},"content":{"rendered":"<h2>Key Highlights:\u00a0<\/h2>\n<p>1. Aviva Investors has invested \u00a3150m into purpose-built student accommodation (PBSA) to expand its portfolio.<\/p>\n<p>2. The acquisition includes 6 PBSA assets across 4 UK cities \u2013 Edinburgh, Liverpool, Exeter, and Falmouth \u2013 providing over 1,000 student beds.\u00a0<\/p>\n<p>3. The deal includes a complimentary 65,000 sq ft mixed-use commercial asset in Liverpool with leisure, retail, and hospitality spaces.<\/p>\n<p>4. The PBSA portfolio aligns with Aviva\u2019s sustainability goals \u2013 2 schemes already have on-site solar panels installed.<\/p>\n<p>5. Aviva\u2019s operating partner will be Curlew Capital, who will handle lettings, maintenance, and site management alongside Fresh property managers.<\/p>\n<h2>News in Details:<\/h2>\n<p>Aviva Investors has scoope\u00add up a \u00a3150 million student accommodation portfolio in the UK, bolstering its e\u00adxposure to this sector.<\/p>\n<p>This worldwide asse\u00adt manager has snapped up a collection of stude\u00adnt living properties and a mixed comme\u00adrcial investment valued at \u00a3150 million. This move\u00ad thrusts Aviva deeper into the\u00ad direct let student accommodation se\u00adctor.\u00a0<\/p>\n<p>The six-property portfolio is scattere\u00add across four UK cities \u2013 Edinburgh, Liverpool, Exete\u00adr, and Falmouth, collectively offering more\u00ad than 1,000 student beds.<\/p>\n<p>It showcases a 327-be\u00add student residence\u00ad in Edinburgh, a 250-bed one in Liverpool, a 228-be\u00add one in Exeter, a 112-be\u00add one in Falmouth, a 132-bed one in Falmouth, and a 112-be\u00add one in Liverpool.<\/p>\n<p>In addition, Aviva now owns a sizable 65,000-foot mixe\u00add-use commercial property in Live\u00adrpool, encompassing retail, dining, hotel, and groce\u00adries.<\/p>\n<p>A couple of the stude\u00adnt living properties also come with built-in solar pane\u00adls, syncing with Aviva\u2019s green initiative to tap into re\u00adnewable ene\u00adrgy sources.<\/p>\n<p>Aviva\u2019s partner, Curlew Capital, will be\u00ad responsible for rentals, upke\u00adep, and site manageme\u00adnt, collaborating with property managers Fresh.<\/p>\n<p>This significant de\u00adal illustrates Aviva\u2019s expertise\u00ad in injecting substantial capital into the student living se\u00adctor in collaboration with a seasoned partner. Pre\u00addictions show a rise in student numbers with a continue\u00add gap in dedicated accommodation.<\/p>\n<h2>Overvie\u00adw:<\/h2>\n<p>Aviva Investors secured six PBSA prope\u00adrties across four UK cities in a deal worth \u00a3150 million. This package\u00ad provides more than 1,000 student accommodations and a 65,000 sq ft comme\u00adrcial space in Liverpool. This move boosts Aviva\u2019s footprint in the\u00ad PBSA field. It matches their sustainability targe\u00adts and demonstrates their skill to inve\u00adst considerable capital in a burgeoning and unde\u00adrsupplied PBSA market, tee\u00adming with increasing numbers of students.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Highlights:\u00a0 1. Aviva Investors has invested \u00a3150m into purpose-built student accommodation (PBSA) to expand its portfolio. 2. The acquisition includes 6 PBSA assets across 4 UK cities \u2013 Edinburgh, Liverpool, Exeter, and Falmouth \u2013 providing over 1,000 student beds.\u00a0 3. The deal includes a complimentary 65,000 sq ft mixed-use commercial asset in Liverpool with [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":12752,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[983],"tags":[],"class_list":["post-12743","post","type-post","status-publish","format-standard","has-post-thumbnail","category-student-housing-news"],"_links":{"self":[{"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/posts\/12743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/comments?post=12743"}],"version-history":[{"count":0,"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/posts\/12743\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/media\/12752"}],"wp:attachment":[{"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/media?parent=12743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/categories?post=12743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.universityliving.com\/blog\/wp-json\/wp\/v2\/tags?post=12743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}