Quadreal appoints Collegiate to manage UK PBSA portfolio
QuadReal Property Group (QuadReal) has appointed Collegiate UK to manage its UK purpose-built student accommodation (PBSA) portfolio.
Quadreal acquired the portfolio, which comprises eight assets and 3,460 beds across key UK university cities, from Apollo Real Estate last year.
OPRE Solutions, which advised QuadReal on the deal, ran the tender on the company’s behalf to ensure operational efficiency and consistency across the assets in Wembley, Portsmouth, Cardiff, Norwich, Edinburgh, Sheffield, Glasgow and Birmingham …