Value One and Nuveen to enter Polish PBSA market

Eagle JVCo, the investment vehicle established in 2019 between Vienna-based Value One and Nuveen Real Estate on behalf of its parent TIAA, has acquired a portfolio of purpose-built student housing and two development sites in Poland. The portfolio comprises 800 beds of investment and development assets, and will be operated by Value One’s student housing platform, MILESTONE, Austria’s provider of premium student housing with a portfolio of 4,600 student beds in operation and under development in Austria, Portugal, Germany, Poland, Italy and the Netherlands. Eagle’s advisory team comprised Akron Management, Savills, Crido Legal, B2RLaw and Linklaters.