Round Hill sells Nido Living to Canadian pension fund
Round Hill Capital has sold its PBSA business, Nido Living, to the Canada Pension Plan Investment Board (CPP Investments).
Round Hill has also sold its stake in the existing student accommodation venture between both companies, which has more than 5,000 beds across 15 European assets.
CPP Investments has formed a new real estate investment and operating platform focused on PBSA through the acquisition of the joint venture and the full acquisition of Nido Living …