Operis, in partnership with Sensus Advisors, is pleased to announce its successful role as debt advisor and analytical support provider to CVC DIF in the acquisition of two high-quality purpose-built student accommodation (PBSA) assets.
CVC DIF’s student housing platform, Ottoway Portfolio Holdings (Ottoway), has acquired Beaverbank Place in Edinburgh and Firhill Court in Glasgow, adding approximately 750 student bedrooms to its expanding UK portfolio. This acquisition brings Ottoway’s total capacity to over 5,000 beds across the country, reinforcing its position as a leading player in the UK student accommodation market.
Sensus Advisors and Operis worked together as an integrated team to deliver debt advisory and analytical support for the transaction—leading a competitive funding process and providing financial modelling and related analysis to ensure optimal execution and financing outcomes.
“Operis was pleased to work alongside Sensus to deliver a seamless advisory service to support CVC DIF in the expansion of its Ottoway platform. The transaction further underscores our expertise in the PBSA sector.”
Chris Aldred, Director and Head of Advisory, Operis,
The newly acquired assets are located in high-demand university hubs, each benefiting from strong occupancy and direct nomination agreements with leading academic institutions. The transaction highlights Ottoway’s commitment to investing in quality student living environments and supporting academic communities across the UK. This acquisition was made through DIF Infrastructure VI, a fund managed by CVC DIF – the infrastructure strategy of global private markets leader CVC.
“We are proud to have supported CVC DIF and Ottoway on this transaction. The success of this acquisition demonstrates the value of a well-structured funding process and strategic financial guidance in a competitive and evolving sector.”
Gourav Choudhary, Director, Sensus Advisors
