April 2019GSA and Harrison Street Announce €750m Joint Venture in Spain and Wider European Student Accommodation Push
Global Student Accommodation Group (GSA) and Harrison Street Real Estate Capital have plans to acquire more than 10,000 student beds and deploy more than €750 million ($846 million) in top-tier university cities across Spain.
Harrison Street Real Estate Capital LLC, a Chicago-based real estate investment management company, has bought the Children’s Hospital of San Antonio Health Pavilion in Stone Oak.
PERE sits down with the firm's senior director of real assets to hear why this institutional money from the Lone Star state is pivoting away from commingled funds.
Harrison Street, a privately-owned, Chicago-based investment management firm with a historical, exclusive focus in education, healthcare and storage real estate, is now expanding into social infrastructure with its latest fund, Harrison Street Social Infrastructure Fund. It has already received a commitment of up to $200 million from the Texas Municipal Retirement System (TMRS), according to board meeting documents.
Harrison Street, one of the largest real estate investment firms dedicated to the Education, Healthcare and Storage sectors, has sold ECLA Paris, a high-end student accommodation property located at the University of Paris-Saclay Campus to Brookfield.