Stoneshield Capital expands in Portugal via €50m deal

ESAF, the evergreen Student Housing Core+ fund backed by Stoneshield Capital and funded by UBS Assett Management’s institutional investors, has acquired two new student residences in Porto for €50m. The PBSA assets feature premium rooms and common spaces, in line with the demands of the current generation of students, and are Leed ESG certified gold and silver, the firm said.

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