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UK: Harrison Street Asset Management (HSAM) has sold two purpose-built student accommodation (PBSA) assets in Bristol to Ottoway Portfolio Holdings.
The portfolio comprises two adjacent properties, Print Hall and Unity Street, totalling 491 beds and developed in partnership with joint venture partner Global Student Accommodation.
They feature 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 centre. Print Hall opened in 2017, and Unity Street in 2019.
Paul Bashir, CEO-Europe real estate at Harrison Street Asset Management, said: “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. 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.”
Gareth George, managing director at Ottoway, said, “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. Bristol is one of the U.K.’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.”
Ottoway’s UK student portfolio now has more than 5,500 beds.
The sale comes on the heels of a December 2025 disposal by Harrison Street of six PBSA assets comprising 1,616 beds to Australian pension fund AustralianSuper, for an undisclosed sum.
Highlights:
• Harrison Street Asset Management (HSAM) has sold two purpose-built student accommodation (PBSA) assets in Bristol to Ottoway Portfolio Holdings
• The portfolio comprises two adjacent properties, Print Hall and Unity Street, totalling 491 beds and developed in partnership with joint venture partner Global Student Accommodation
• Ottoway’s UK student portfolio now has more than 5,500 beds
• The sale comes on the heels of a December 2025 disposal by Harrison Street of six PBSA assets comprising 1,616 beds to Australian pension fund AustralianSuper, for an undisclosed sum
