90 North makes Scottish PBSA acquisition from Maven

By Richard Hook2018-10-18T10:51:00

Maven Capital Partners has achieved a major mark-up in selling its 116-bed PBSA development in Dundee to 90 North Real Estate Partners.

Maven purchased the property for £1.55m in April 2015 and, following a comprehensive £5m internal refurbishment, sold Marketgait Apartments to 90 North for £9.5m as part of 90 North’s Academy UK student housing programme. The property opened last academic year and is fully let for the 2018/19 student year.

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