{"id":820281,"date":"2026-03-12T06:46:18","date_gmt":"2026-03-12T06:46:18","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/820281\/"},"modified":"2026-03-12T06:46:18","modified_gmt":"2026-03-12T06:46:18","slug":"harrison-street-sells-bristol-pbsa-investments","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/820281\/","title":{"rendered":"Harrison Street sells Bristol PBSA investments"},"content":{"rendered":"<p style=\"font-weight: 400;\"><strong>Harrison Street Asset Management (HSAM) has sold two purpose-built student accommodation (PBSA) assets in Bristol to Ottoway Portfolio Holdings.<\/strong><\/p>\n<p style=\"font-weight: 400;\">The deal comprises two adjacent PBSA buildings, Print Hall and Unity Street, totalling 491 beds.<\/p>\n<p style=\"font-weight: 400;\">Print Hall opened in 2017, while Unity Street was delivered in 2019.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"lazy lazy-hidden wp-image-27590684  aligncenter\" src=\"data:image\/gif;base64,R0lGODdhAQABAPAAAP\/\/\/wAAACwAAAAAAQABAEACAkQBADs=\" data-lazy-type=\"image\" data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/03\/unity-street-bristol.jpg\" alt=\"\" width=\"546\" height=\"328\" data-lazy- \/><\/p>\n<p style=\"text-align: center;\"><strong>Unity Street, Bristol<\/strong><\/p>\n<p style=\"font-weight: 400;\">Developed in partnership with joint venture partner Global Student Accommodation, the assets offer a mix of studios and single en-suite bedrooms within cluster apartments<\/p>\n<p style=\"font-weight: 400;\">Located near the University of Bristol and the city centre, the properties benefit from proximity to key academic institutions and the city\u2019s shopping district.<\/p>\n<p style=\"font-weight: 400;\">Paul Bashir, chief executive, Europe Real Estate at Harrison Street Asset Management, said: \u201cThis transaction reflects the attractiveness of high-quality student housing as an asset class, and the continued global demand for alternative real estate in institutional-grade portfolios amid a more selective investment environment.<\/p>\n<p style=\"font-weight: 400;\">\u201cWe are proud of the European business we have built and remain focused on sourcing opportunities that can generate durable value for our investors across market cycles.\u201d<\/p>\n<p style=\"font-weight: 400;\">HSAM is one of the largest private owners of student accommodation globally, having invested \u20ac2.8 billion in European PBSA since 2015.<\/p>\n<p style=\"font-weight: 400;\">The current portfolio consists of 63 student housing properties totalling over 21,600 beds across the UK, Ireland, Spain, Italy, Germany and France.<\/p>\n<p style=\"font-weight: 400;\">Since its latest acquisition, Ottoway\u2019s UK student portfolio now has more than 5,500 beds.<\/p>\n<p style=\"font-weight: 400;\">Gareth George, managing director at Ottoway, added: \u201cThe acquisition of Print Hall and Unity Street represents a strategic addition to the Ottoway platform, delivering immediate scale in a structurally undersupplied market and enhancing the quality and resilience of the Fund\u2019s income profile.<\/p>\n<p style=\"font-weight: 400;\">\u201cBristol is one of the UK\u2019s most established university cities, underpinned by a prestigious academic institution, a growing student population, and persistent supply demand imbalance.<\/p>\n<p style=\"font-weight: 400;\">\u201cThis investment exemplifies our strategy of targeting, well-located PBSA assets in academically strong cities, where we can generate durable cashflows and long-term value.<\/p>\n<p style=\"font-weight: 400;\">\u201cAs we continue to selectively deploy capital into core university markets, Ottoway is further cementing its position as a partner of choice for students and universities alike.\u201d<\/p>\n<p style=\"font-weight: 400;\">CBRE advised the seller on the transaction.<\/p>\n<p><strong>\u00a9 Western Whistle (powered by <a href=\"http:\/\/ukpropertyforums.com\/\" target=\"_blank\" rel=\"noopener nofollow\">ukpropertyforums.com<\/a>).<\/strong><\/p>\n<p><strong>This article and its contents are the intellectual property of UK Property Forums and may not be reproduced, distributed, or used in any form without prior written permission. The views expressed are those of the author(s) and do not constitute legal or professional advice.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Harrison Street Asset Management (HSAM) has sold two purpose-built student accommodation (PBSA) assets in Bristol to Ottoway Portfolio&hellip;\n","protected":false},"author":2,"featured_media":820282,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[8818],"tags":[381,748,59876,393,4884,236165,1197,236166,32557,16,15],"class_list":["post-820281","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bristol","tag-bristol","tag-britain","tag-cbre","tag-england","tag-great-britain","tag-harrison-street-asset-management","tag-investment","tag-ottoway-portfolio-holdings","tag-pbsa","tag-uk","tag-united-kingdom"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116214863649700052","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/820281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=820281"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/820281\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/820282"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=820281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=820281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=820281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}