Ottoway Portfolio, a UK student housing platform owned by CVC DIF’s global infrastructure fund, has added two assets to its portfolio.
CVC DIF said Ottoway Portfolio has acquired Beaverbank Place in Edinburgh and Firhill Court in Glasgow from Mapletree Global Student Accommodation Private Trust, adding 750 beds and expanding its portfolio to over 5,000 beds nationwide.
The Ottoway Portfolio platform, a DIF Infrastructure VI portfolio company, already includes a portfolio of eight student accommodation assets in the UK.
Gijs Voskuyl, managing partner at CVC DIF, said, “The acquisition of Beaverbank Place and Firhill Court is a significant step in our value creation strategy for the Ottoway platform. By expanding and diversifying our Ottoway portfolio, we are better positioned to address the evolving needs of the student accommodation sector.
“This acquisition underscores our commitment to providing high-quality living arrangements for students and supporting the educational landscape.”
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