Mapletree acquires 31 schemes in the UK and Germany
Singapore-based real estate investment, development and property management company Mapletree Investments has announced its acquisition of 8,192 operational beds across 19 cities in the UK and Germany, and an operating platform from Cuscaden Peak Investments.
The newly acquired portfolio includes a range of student accommodation schemes that offer extensive amenities and convenient access to the local universities. The portfolio has been strategically located in key university cities in the UK such as Bristol, Cambridge, Durham, Edinburgh, Oxford and York, alongside Bremen in Germany.
The operating platform manages two brands – Student Castle and Capitol Students – and provides Mapletree with direct control of the acquired portfolio …