In December 2020, GSA became the first international student housing asset owner to enter the US.
In December 2020 GSA entered the US with the acquisition of a portfolio of 27 properties. In December 2021 we cemented our presence in the market with a multibillion dollar JV with a fund advised by Morgan Stanley Real Estate Investing (MSREI) to invest in US student housing.
This long-term strategic JV enables both GSA and MSREI to substantially grow our exposure sector and aligns with our growth strategy to become a market leader in US student housing.
GSA continues to grow the portfolio, which today comprises over 18,000 beds across 23 states and 34 cities. Many of our properties are situated in prime locations next to major universities and research institutions, including next to Power Five schools in Alabama, Oregon, Washington, Arizona and Kentucky.
Case study
The Hub at Tucson, Tucson, Arizona
Acquired by GSA in 2021, The Hub at Tucson is located adjacent to the campus of the University of Arizona and in the heart of the most vibrant residential sub-market. The property comprises 594 beds across 168 units, alongside an outstanding range of amenities that includes a rooftop pool, fitness centre, volleyball court and courtyard with grills and hammocks.
The Hub at Tucson offers a diverse unit mix including one-, two-, three-, four- and five-bed units.
beds
acquired by GSA
students at local university1
1 Realpage Market Analytics, Autumn 2021.
