Chicago, IL, Mar. 3, 2026 – Harrison Street Asset Management (“HSAM,” or the “Firm”), a leading alternative global investment management firm with over $108 billion in assets under management through highly differentiated assets across infrastructure, real estate and credit strategies, today announced the sale of a purpose-built student accommodation portfolio in Bristol, United Kingdom to Ottoway Portfolio Holdings (“Ottoway”).
The portfolio comprises two adjacent, high-quality student housing properties, Print Hall and Unity Street, totaling 491 beds and 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 and feature premium amenities. Located near the University of Bristol and the city center, the properties benefit from proximity to key academic institutions and the city’s shopping district. Print Hall opened in 2017, while Unity Street was delivered in 2019.
“This 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,” said Paul Bashir, CEO-Europe Real Estate at Harrison Street Asset Management. “We 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.”
The 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’s income profile,” said Gareth George, Managing Director at Ottoway. “Bristol is one of the UK’s most established university cities, underpinned by a prestigious academic institution, a growing student population, and persistent supply demand imbalance. This investment exemplifies our strategy of targeting, well-located PBSA assets in academically strong cities, where we can generate durable cashflows and long-term value. As 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.”
Harrison Street Asset Management is an innovator in the purpose-built student housing market and is one of the largest private owners of student housing globally. The firm’s European alternative real assets platform has been an active investor in the student housing market since 2015, and has invested approximately €2.8 billion in European student accommodation real estate, with a portfolio of 63 student housing properties totaling over 21,600 beds across the UK, Ireland, Spain, Italy, Germany and France. Globally, the firm has invested over $24 billion across 427 student housing properties, totaling more than 233,000 beds throughout Europe and North America.
CBRE advised the seller on the transaction.
About Harrison Street Asset Management
Harrison Street Asset Management is a leading global alternative investment management firm with over $108 billion in assets under management through highly differentiated assets across real estate, infrastructure, and credit strategies. Headquartered in Chicago, Toronto and London with over 600 employees in offices across North America, Europe, Asia and the Middle East, the firm offers innovative solutions across a variety of closed-end, open-end and specialized vehicles on behalf of 1,100+ institutional and over 300+ Registered Investment Advisors.1
1 HSAM data and descriptions of HSAM’s business are generally comprised of the aggregated data and business activities of investment advisors that are owned in whole or in part by HSAM. Assets under management (“AUM”) reflects the AUM for the investment advisory and asset management clients of such investment advisors and is inclusive of the regulatory AUM of such investment advisors that is reported in their respective Form ADVs.
About Ottoway Portfolio Holdings
Ottoway Portfolio Holdings (“Ottoway”) owns and operates a portfolio of purpose-built student accommodation (“PBSA”) assets in the UK’s leading and structurally undersupplied student markets, to include London, Edinburgh, Manchester and Bristol. The portfolio is predominantly freehold and distinguished by its long-dated, secure income profile, underpinned by fixed leases and strategic nomination agreements with leading universities. These assets benefit from exceptional macro-locations, resilient demand fundamentals and deep institutional exit liquidity, making Ottoway a uniquely defensive and growth-oriented platform within the sector. Ottoway is backed by CVC DIF, the infrastructure strategy of CVC.
HSAM Media Contacts:
Doug Allen/Ellie Johnson
Dukas Linden Public Relations
646-722-6530
HSAM@dlpr.com
