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AXA IM Alts acquires 400-bed PBSA scheme in Florence for c. €40 million

AXA IM Alts has agreed to acquire, via a forward-purchase agreement, a c. 400-bed purpose built student accommodation (‘PBSA’) scheme in Florence for c. €40 million. This transaction represents AXA IM Alts’ first PBSA acquisition in Italy.

The acquisition has been made on behalf of clients of...

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