|Value creation phase
US Core Strategy
Launched in 2011, Harrison Street’s core strategy was created to provide investment in stabilized, cash-flow producing real estate with demographic-driven demand. The strategy focuses on investments in student housing, both on and off campus, and other education-related real estate investments; senior housing including independent living, assisted living and memory care communities; medical office buildings and other healthcare-related real estate investments; life sciences buildings and storage properties.
Since its inception, the strategy has consistently produced an attractive distribution yield. Assets managed under the core strategy are valued over $13.5 billion and consists of a diversified portfolio of 396 properties.
European Opportunistic Fund Strategy
Harrison Street has invested over €5.2 billion in over 19,200 student housing beds, over 6,300 specialty residential units and 2.1 million square feet of life sciences throughout Europe. The following provides a summary of funds sponsored under the European opportunistic strategy:
Canada Alternative Fund
Launched in August 2021, Harrison Street’s alternative real estate open-end fund will provide investment in stabilized, cash-flow producing real estate with demographic-driven demand across Canada. The fund will invest in high-quality senior living, student housing, medical office, life sciences, storage and digital real estate assets. The fund has invested in over 1,700 student housing beds, nearly 1,000 senior housing units, over 221,500 square feet of medical office space, and nearly 77,200 square feet of life sciences.
“Harrison Street’s research-based approach to investing across established and emerging alternative European real asset sectors draws from our deep sector expertise, extensive partner relationships and unwavering commitment to innovation. As first movers in demographic-driven, needs-based real estate investing in the U.S., we are able to identify and pursue unique European opportunities across our core sectors and create differentiated investment solutions to help our sophisticated clients achieve their objectives.”
Paul Bashir, CEO EUROPE