A portfolio of six fully let purpose-built student accommodation (PBSA) assets comprising 848 beds in Aberdeen and Dundee has been brought to market with offers sought in excess of £40m (€47). 

Lismore Real Estate Advisors and Cushman & Wakefield are jointly marketing the Minerva Portfolio, which is being offered at a net initial yield of 7.12%, based on projected 2026/27 income and purchaser costs of 2.3%.

The vendor is offering the portfolio through the sale of the holding company, although an asset acquisition will also be considered. The package comprises five assets in Aberdeen and one in Dundee, with all six having recorded 100% occupancy for the past five academic years, including 2026/27.

Elsewhere, a number of new names emerged in the European property investment market this week.

Czech-Slovak financial group J&T joined forces with Dosfield to acquire the Prague Marriott Hotel & Millennium Plaza, describing the deal as the first step towards a broader fund focused on premium commercial real estate in Central Europe. In Portugal, Forum Algarve is said to have been acquired by recently established investment manager Alfana, while in London, Bahrain-based boutique real estate investment firm Blacksand is understood to have acquired 51 Eastcheap.

The transactions come as cross-border capital continues to target European real estate. According to new research from Colliers, Europe accounted for 57% of activity across the leading global markets, while the share of fundraising allocations targeting Europe increased from 16% to 21% in the first half of 2026.

Recently completed deals       
Asset Asset type Location Buyer Vendor Size Price (mln) Key facts
Picton Property Income corporate UK London Metric Property, SREIT Picton Property Income shareholders NA £404 (€470) LondonMetric will acquire 46% in value of Picton’s property assets, while SREIT will purchase the remaining 56%.
10% stake in AtNorth data centre Nordics Partners Group CPP Investments and Equinix 8 data centres €244 The company is buying back the stake after selling the platform earlier this year
Prague Marriott and Millennium Plaza hotel Prague J&T and Dosfield PH Properties 62,000m2 €200+ The hotel will continue to be operated by Marriott International.
Forum Algarve retail Faro, Portugal Alfana Investment Management Commerz Real 27,400m2 €130 The shopping centre is fully occupied.
51 Eastcheap office London Blacksand receivers for WeWork Capital Advisors 89,459sqft £70 (€81) WeWork operates a coworking location in the building.
30 Cleaveland St office London Take-Two Interactive Software Blue Coast Capital 40,000sqft £70 (€81) Take-Two had leased the entire building until 2034.
Matchbox office building office Eschborn, Germany Goldtree Group Lang & Cie. Real Estate 14,000m2 €65 The building is fully let to electronics giant LG, Siemens Healthineers, and the Canadian software consulting firm CGI.
two Ramsay Health Care hospitals healthcare Truro and Salford, UK NA LondonMetric Property NA £59 (€69) The properties are let for a further 11 years.
two manufacturing facilities logistics Poland WP Carey Purmo Group 83,400m2 €52 The portfolio is triple-net leased.
four social infrastructure properties healthcare Sweden Lanthem Slättö 13,800m2 €51 (SEK567) The assets are situated in Borås, Alingsås, Gotland and Karlstad.
four logistics assets logistics Germany Redevco NA 87,000m2 €50 The assets in Frenchen, Hirschberg, Langenhagen and Malsfeld, are fully let.
two logistics and warehouse properties logistics Helsinki and Kerava , Finland Episurf Medical Julius Tallberg-Kiinteistöt 27,000m2 €34 The properties are expected to generate NOI of €2.5m, reflecting a net yield of 7.5%.
Copley Court living Cork Greystar Elkstone 265beds €33 It is Greystar’s fourth investment in Ireland’s PBSA sector.
three retail parks retail UK Hines British Land, Ares 438,000sqft NA The assets are the Nugent Shopping Park in Orpington, the Altrincham Retail Park, in Manchester, and Straiton Retail Park in Edinburgh.
development project living Rotterdam Heimstaden Bostad AB Bakkers Hommen 529 homes NA The project comprises three buildings currently under development and is acquired through a forward purchase structure.
light industrial property logistics Cologne Patron Capital, Inbright Rhenus SMG 14,700m2 NA The asset, originally constructed in 1999 and 2002 on a 27,706m2 site, comprises four multi-let warehouses.
Lake Como Edition Hotel hotel Como Sansiri Capital Bain Capital and Omnam Group 148rooms NA The transaction follows the transformation of the property which was reconfigured reducing the rooms from 300 to 148.
Gelsenkirchen logistics development logistics Gelsenkirchen, Germany Verdion NA 6.67-ha NA The buyer plans to invest €68m to develop 37,675m2 of urban logistics space.
Barona Avialogis logistics asset logistics Helsinki airport Deka Immobilien Unnamed institutional investor 33,000m2 NA The property is fully let on a long-term basis to the Finnish third-party logistics provider Barona Varastopalvelut Oy.
Schietstandlaan 3 logistics Turnhout, Belgium Realterm NA 13,875m2 NA The facility is fully leased to Transport Martens, a full-service logistics provider.
logistics portfolio logistics Finland Logian Urban Partners 80,500m2 NA The properties are located in the Helsinki Metropolitan Area, Turku and Tampere.
logistics asset logistics Hamburg CDC Investissement Immobilier Mercurius Industrial Properties GmbH 11,000m2 NA The property is let to a blue-chip tenant specialised in intralogistics solutions on a 15-year fixed term lease.
care home portfolio living Germany Elevation Advisors LLP Alloheim Group 979 beds NA The portfolio provides 979 care beds located in and around Hamburg, Hanover, Dortmund and Cologne-Bonn.

 

 

Assets on the market       
Asset Asset type Location Vendor Size Price (mln) Broker Key facts
Echelon Data Centres data centre Europe Starwood 700 MW €4500 Eastdil Secured Savills and Deutsche Bank The portfolio features operating campuses or facilities under development in Ireland, the UK, Italy, and Spain.
The Minerva PBSA portfolio living Aberdeen and Dundee, Scotland ATK Property Group 848 beds £40 (€47) Lismore and Cushman & Wakefield The sale reflects an attractive 7.12% Net Initial Yield.
retail park retail Cardiff Glasgow City 100,000sqft £20.5 (€24) NA The 9-unit retail park is fully let.

 

 

Recently completed loans    
Lender(s) Borrower(s) Asset(s) Loan Size (mln) Key facts
Bond investors Sagax Unsecured SEK 3000 (€270) The bonds have an average maturity of 3.8 years and an initial interest rate of 3.4%.
Natwest Rosethorn and Eagle Street PBSA portfolio in the UK £83 (€97) The portfolio includes Selly Oak Court in Birmingham, Haddington Place in Edinburgh and Glassyard in Stockwell, London.

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