{"id":1004106554,"date":"2014-10-30T09:59:35","date_gmt":"2014-10-30T17:59:35","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004106554"},"modified":"2022-12-08T14:23:22","modified_gmt":"2022-12-08T22:23:22","slug":"international-lasalle-buys-king-square-studios-student-housing-in-bristol","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/international-lasalle-buys-king-square-studios-student-housing-in-bristol\/","title":{"rendered":"INTERNATIONAL: LaSalle Buys King Square Studios Student Housing in Bristol"},"content":{"rendered":"<p><i>By Balazs Szekely, Associate Editor<a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/10\/LaSalle-Buys-King-Square-Studios-Student-Housing-in-Bristol.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004106558\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/international-lasalle-buys-king-square-studios-student-housing-in-bristol\/lasalle-buys-king-square-studios-student-housing-in-bristol\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/10\/LaSalle-Buys-King-Square-Studios-Student-Housing-in-Bristol.jpg\" data-orig-size=\"579,385\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"LaSalle Buys King Square Studios Student Housing in Bristol\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/10\/LaSalle-Buys-King-Square-Studios-Student-Housing-in-Bristol.jpg?w=579\" class=\"alignright size-medium wp-image-1004106558\" alt=\"LaSalle Buys King Square Studios Student Housing in Bristol\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/10\/LaSalle-Buys-King-Square-Studios-Student-Housing-in-Bristol.jpg\" width=\"300\" height=\"199\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/10\/LaSalle-Buys-King-Square-Studios-Student-Housing-in-Bristol.jpg 579w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/10\/LaSalle-Buys-King-Square-Studios-Student-Housing-in-Bristol.jpg?resize=300,199 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/i><\/p>\n<p>LaSalle Investment Management has bought King Square Studios, a student accommodation asset in the established university town of Bristol for $54.01 million.<\/p>\n<p>The global real estate investment manager purchased the property from The Homes Partnership Bristol Ltd. in an off-market transaction on behalf of a fund. The value of the transaction represents a net initial yield of 6.12 percent. Barbers Property represented LaSalle and Lewis &amp; Partners acted for The Homes Partnership Bristol Ltd. in the transaction.<\/p>\n<p>Built in 2010, King Square Studios comprises a total of 301 interior designed, en-suite, fully furnished studio spaces and includes a gym, study room, game room, cinema and TV room on 120,000 square feet. It also has an undercroft parking with 37 spaces. Located directly adjacent to King Square in central Bristol, it is just a 10-minute walk from Bristol University\u2019s main campus at Tyndall Avenue. There is also a local bus stop for UWE students located within a five-minute walk from the complex. The BIMM college along with numerous local amenities such as supermarkets, bars and cafes are also minutes from the accommodation.<\/p>\n<p>\u201cThe studio rooms are directly let to students and we anticipate strong demand for future academic years given its attractive facilities. King Square Studios suits our strategy to acquire high quality, core plus assets and is an excellent addition to our growing student accommodation portfolio,\u201d said John Yeend, director at LaSalle Investment Management in a prepared statement.<\/p>\n<p>LaSalle is one of the leading real estate investment managers of the world with $50 billion of private- and public- property equity and debt investments in its portfolio in this year\u2019s first quarter. The company is present in 17 countries worldwide with nearly 700 employees. Its client base includes public and private pension funds, insurance companies, governments, endowments and private individuals from across the globe.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LaSalle Investment Management has bought King Square Studios, a student accommodation asset in the established university town of Bristol for $54 million.<\/p>\n","protected":false},"author":952,"featured_media":1004106558,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16,21783,21742],"tags":[],"class_list":["post-1004106554","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","category-investment","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>INTERNATIONAL: LaSalle Buys King Square Studios Student Housing in Bristol - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/international-lasalle-buys-king-square-studios-student-housing-in-bristol\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INTERNATIONAL: LaSalle Buys King Square Studios Student Housing in Bristol\" \/>\n<meta property=\"og:description\" content=\"LaSalle Investment Management has bought King Square Studios, a student accommodation asset in the established university town of Bristol for $54 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/international-lasalle-buys-king-square-studios-student-housing-in-bristol\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-10-30T17:59:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T22:23:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/10\/LaSalle-Buys-King-Square-Studios-Student-Housing-in-Bristol.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"579\" \/>\n\t<meta property=\"og:image:height\" content=\"385\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anna Spiewak\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-lasalle-buys-king-square-studios-student-housing-in-bristol\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-lasalle-buys-king-square-studios-student-housing-in-bristol\\\/\"},\"author\":{\"name\":\"Anna Spiewak\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1bbb99675c2609ea2e6792f8b25d7b76\"},\"headline\":\"INTERNATIONAL: LaSalle Buys King Square Studios Student Housing in Bristol\",\"datePublished\":\"2014-10-30T17:59:35+00:00\",\"dateModified\":\"2022-12-08T22:23:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-lasalle-buys-king-square-studios-student-housing-in-bristol\\\/\"},\"wordCount\":311,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-lasalle-buys-king-square-studios-student-housing-in-bristol\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/10\\\/LaSalle-Buys-King-Square-Studios-Student-Housing-in-Bristol.jpg\",\"articleSection\":[\"International\",\"Investment\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-lasalle-buys-king-square-studios-student-housing-in-bristol\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-lasalle-buys-king-square-studios-student-housing-in-bristol\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-lasalle-buys-king-square-studios-student-housing-in-bristol\\\/\",\"name\":\"INTERNATIONAL: LaSalle Buys King Square Studios Student Housing in Bristol - 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