M&G adds 1,000 PBSA bedrooms over 3 assets
M&G Real Estate has announced at the beginning of the new academic year that it has added more than 1,000 new bedrooms to its purpose-built student accommodation (PBSA) portfolio via three PBSA schemes in Manchester, Nottingham and Lisbon.
These schemes add 1,072 student bedrooms to M&G’s 9,000-bedrooms portfolio which spans the UK, Europe and Asia, reinforcing the firm’s commitment to high-quality assets and addressing shortages in dynamic university cities through investments with strong fundamentals. The additions reflect M&G’s strategic agility to execute across a range of risk/return profiles, from core, long-term holdings to value-add opportunities, demonstrating the sector’s versatility …