Student Housing Acquisition

Goldman Sachs Alternatives and Generation Partners have purchased two student accommodation properties in Cardiff and Bournemouth for £110 million. The properties include the 430-bed Skyline development in Bournemouth and the 477-bed Bridge Street Exchange in Cardiff. This acquisition underscores their ongoing commitment to investing in the UK student housing sector, aiming to improve the quality of student living. Savills assisted the sale of the portfolio.