KKR (KKR) and Inhabeo announced the acquisition of a portfolio of seven purpose-built student accommodation assets from Curlew Student Trust II for approximately GBP 230M. The 2,179-bed portfolio serves students across seven UK cities with strong university presence. The properties were newly developed by Curlew Student Trust II with completion dates between 2020 and 2022. They feature primarily en-suite units. The portfolio has approximately 80% of units let to undergraduates and over 50% of units let to domestic students. Inhabeo, KKR Real Estate’s living sector platform in Europe, will act as the asset manager for the portfolio.
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