Insights > Deals

Nuveen buys an SH/CL asset in Batignolles

15 April 2026 | Asset Acquisition | France | 100 beds | Operational

Nuveen has acquired a PBSA and co-living asset in the prestigious Batignolles neighborhood of Paris, comprising 100 fully furnished studio units.

The asset is 100 percent occupied at acquisition.

Key details

Asset type

Operational

Location

Batignolles, Paris

Capacity

100 beds

GBA

Buyer

Nuveen

Value

Paris represents the largest PBSA market in continental Europe, with more than 500,000 students and a persistent structural undersupply - a compelling backdrop for well-located, institutional-grade living assets.

Strategic context

The acquisitions form a core part of the strategy’s business plan, which targets increased allocation to the living sector as part of wider portfolio sector diversification. These transactions bring the strategy’s exposure to the living sector to approximately 6 percent of the portfolio, with further growth targeted.

The Batignolles acquisition also re-establishes the strategy’s presence in France for the first time since 2021.

CONTACT FORM

Contact us

Find out how we can cater to your specific needs. We look forward to assisting you further and explaining how our services can benefit you.