Insights > Deals
Nuveen Real Estate buys an SH/CL asset in Batignolles
15 April 2026 | Asset Acquisition | France | 100 beds | Operational
Nuveen Real Estate has acquired a PBSA and co-living asset in Paris’s 17th arrondissement, comprising 100 fully furnished studio units.
Key details
Asset type | Operational |
Location | Batignolles, Paris |
Capacity | 100 beds |
GBA | 2,500 sqm |
Buyer | Nuveen Real Estate |
Seller | Groupe Réside Études |
Value | €22.5 million (excl. duties) |
Paris Batignolles
Source: Avis Estudiant
The asset, located at 3 Allée Yvette Guilbert, was reported to be fully occupied at the time of sale.
Strategic context
As we recently reported, Paris is the largest PBSA market in continental Europe, with a student population exceeding 491,000 and a persistent structural undersupply. This creates a strong backdrop for well-located, institutional-grade living assets.
These acquisitions are a core component of Nuveen Real Estate’s European Cities strategy, which aims to increase exposure to the living sector as part of broader portfolio diversification. Following these transactions, the living sector accounts for approximately 6% of the portfolio, with further expansion targeted.
The Batignolles acquisition also marks the strategy’s return to France for the first time since 2021.
Groupe Réside Études were advised by JLL.