US private equity firm makes big ticket UK student housing acquisition
Dallas-based private equity firm Lone Star Real Estate Fund VII has agreed to buy nine purpose-built student accommodation assets for £212 million. The seller is Unite Student, the UK’s largest developer and owner of student accommodation, while the deal is set to go through in August 2025. The portfolio comprises 3,656 beds across nine high-quality PBSA assets in five well-located university markets: Aberdeen, Leicester, Leeds, Nottingham and Sheffield. Jérôme Foulon, global head of commercial real estate for Lone Star, said: “This transaction aligns with Lone Star’s global strategy of investing...



