King Street and Alea announce €375m PBSA platform
Global investment management company King Street Capital Management and Portuguese private equity firm Alea Capital Partners announce that they have established a joint venture that is aiming to invest €375m. Eastdil Secured acted as the exclusive financial adviser in the formation of the joint venture.
The partnership with King Street Capital Management will accelerate the expansion of Alea Capital Partners’ alternative Build to Rent platform, with a specific focus on purpose-built student accommodation (PBSA).
Through this platform, the pair will be investing, developing and operating modern, high-quality PBSA housing located in key university cities in Portugal …