ActivumSG, a Jersey-based real estate investment manager, has announced the launch of a new UK purpose-built student accommodation (PBSA) platform with a targeted portfolio exceeding £500 million gross asset value (GAV). The initiative is structured as a strategic partnership with The Mansion Group Holdings (TMGH), a highly experienced UK student accommodation operator.

The platform is dedicated to repositioning and upgrading existing PBSA stock, particularly assets built prior to 2012 that require modernization. This strategy avoids the viability and planning challenges of new developments while responding to the market’s urgent demand for affordable, high-quality student housing.

At launch, the platform includes a seed portfolio of seven assets totalling 972 beds across key university cities including Manchester, Edinburgh, Exeter, and Cardiff. Approximately 90 percent of the portfolio’s income is linked to Russell Group universities. The assets, valued at over £100 million, were secured through two separate transactions. With an active acquisition pipeline, the platform is expected to expand rapidly, with a near-term target portfolio value of £600 million GAV.

The assets will be operated under TMGH’s Mansion Student brand, with a focus on affordable pricing and modernized facilities that appeal to both UK and international students. The value-add approach is designed to capture opportunities arising from the undersupply of quality student housing in the UK, supported by growing international student demand and policy-driven shifts such as more restrictive U.S. visa requirements, which have driven an increase in UK student visa issuances.

ActivumSG brings to the venture a track record of more than €1.8 billion invested across European residential and operational living assets, along with significant experience working alongside global real estate partners.