Mapletree to expand PBSA portfolio

Mapletree is transitioning more assets onto its in-house platform and exploring new markets, including Australia and European countries.

Mapletree Investments' Student Castle Oxford asset | PBSA News
Mapletree Investments' Student Castle Oxford asset.

Mapletree Investments has announced plans to expand its purpose-built student accommodation (PBSA) portfolio. In student housing, Mapletree’s Assets Under Management stood at $5.3bn, including assets managed under the Mapletree Global Student Accommodation Private Trust (MGSA), which is nearing maturity.

Additionally, the company continued to drive rental income and high occupancy across its nearly 29,000 student bedrooms in the UK and US, while upgrading facilities and enhancing the student experience.

Mapletree is transitioning more assets onto its in-house platform and exploring entry into new student housing markets, including Australia and selected European countries. A new UK-focused student housing fund with AUM of at least £500m is planned for 2025/26.

The company has received a top honours award and completed a £1bn strategic acquisition of 31 student housing assets in the UK and Germany, along with the Student Castle operating platform, positioning it as the fourth-largest student housing owner in the UK.

In addition to PBSA, Mapletree Investments manages a portfolio of data centre, industrial, logistics, mixed-use, office, residential, and retail assets across 13 markets in Asia Pacific, North America and Europe.

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