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Harrison Street Asset Management has completed the sale of a purpose-built student accommodation portfolio in Bristol, United Kingdom, to Ottoway Portfolio Holdings. The Chicago-based investment manager offloaded two adjacent student housing assets that together provide purpose-designed accommodation close to key academic and commercial areas of the city.
CBRE advised Harrison Street on the transaction. The portfolio consists of Print Hall and Unity Street, two modern properties that collectively offer 491 beds. The buildings were developed in partnership with joint venture partner Global Student Accommodation and are described as high-quality student housing assets.
The accommodation across the two properties includes a mix of studios and single bedrooms arranged within cluster apartments. Residents have access to premium amenities, aligning the projects with contemporary expectations for professionally managed student housing in major university markets.
Print Hall and Unity Street are located near the University of Bristol and the city center, giving residents convenient access to academic facilities as well as the city’s shopping district. This positioning supports demand from both domestic and international students seeking housing within walking distance of campus and central amenities.
Print Hall opened in 2017, followed by the delivery of Unity Street in 2019, placing both assets among the more recently developed stock in Bristol’s student accommodation market. Their adjacency and similar quality profile make the properties suitable for portfolio operation and branding by the buyer.
Commenting on the transaction, Paul Bashir, CEO-Europe Real Estate at Harrison Street Asset Management, said the sale underscores the attractiveness of high-quality student housing as an asset class. He added that the deal highlights continued global demand for alternative real estate within institutional-grade portfolios, even as investors face a more selective investment environment.
The transaction adds to the flow of institutional capital targeting purpose-built student accommodation in established university cities. With strong locations, modern specifications, and a sizable bed count, the Bristol portfolio aligns with investor focus on scalable, operationally resilient residential alternatives.
The post Harrison Street Sells Bristol Student Housing Portfolio to Ottoway Portfolio Holdings appeared first on CRE Market Beat.
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