Alignvest Student Housing REIT was the leading Canadian student housing REIT focused on consolidating the fragmented, institutional-grade, purpose-built student accommodation (“PBSA”) real estate sector, with a portfolio of 7,159 beds across 17 properties in seven tier-1 university markets, including Halifax, Montreal, Ottawa, Oshawa, Hamilton, Waterloo, and Edmonton.
In December 2024, Alignvest Student Housing REIT successfully completed the sale to Forum Real Estate Income and Impact Fund for $1.7 billion, a 31% premium in Fair Market Value of ASH REIT’s Class F Units from the date of initial announcement.
As at: December 18, 2024
With 17 properties in seven major educational markets across Canada.
Acquired MyRez on Lester and 1Eleven.
Portfolio of 812 beds.
$57M of equity raised.
Acquired Annex, King Street Towers I & II, 17Hundred, West Village Suites.
Portfolio of 3,322 beds.
$160M of equity raised.
Acquired 1Ten on Whyte.
Portfolio of 3,394 beds.
$205M of equity raised.
Acquired Preston House, Bridgeport House, THEO.
Portfolio of 4,717 beds.
$280M of equity raised.
Rezoned 1 Ten on Whyte.
Portfolio of 4,717 beds.
$350M of equity raised.
Acquired See-More and 149 College Street.
Portfolio of 5,208 beds.
Over $395M of equity raised.
Acquired 417Nelson, 308 King, Fergus House, Hespeler House, and The Link.
Portfolio of 7,159 beds.
Portfolio sold for $1.7B.
Environmental sustainability and efficient operations.
Creating safe living spaces for our residents & employees.
Maintaining investor trust through superior oversight.
© 2023 Alignvest Student Housing Inc.
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