News release

JLL advises Apeiron on the sale of London student housing scheme

August 19, 2019

London, 19 August 2019 – JLL has advised European investment management specialist Apeiron on the sale of Poland House student accommodation site in Stratford, East London.

Poland House was acquired by Apeiron in 2015 and it forms part of an evolving student hub within Stratford. The site lies within close proximity to Queen Mary University’s Aspire Point and University of London’s Eleanor Rosa House. The emergence of higher education institutions in this part of the capital, coupled with excellent transport links and a dynamic new environment are attracting an increasing number of students to purpose-built student accommodation (PBSA) in the area.

JLL has been committed to the regeneration of Stratford since prior to the 2012 London Olympic Games. Key higher education projects in the area include Staffordshire University’s recent leasing and fit out of Here East for its new Digital Institute London, and the new UCL East campus on the Queen Elizabeth Olympic Park. JLL additionally advised on the Eleanor Rosa House partnership with UPP.

Vojkan Brankovic, CEO and Founder, Apeiron, said: “Apeiron remains committed to its core markets in the UK and Germany, and our recent sale of Poland House advised by JLL, helps us ensure that we continue to see excellent investment returns. We strongly believe that student housing in the UK continues to offer attractive opportunities for investors, and we see particularly good potential across the UK and Germany real estate markets. JLL’s experience and professionalism ensured a successful transaction for Apeiron.”

Huw Forrest, Director of Living Capital Markets, JLL, added: “The sale of Poland House and the adjoining site reinforces the emergence of Stratford as a hub for higher education and PBSA. Stratford can help to meet the needs of rising student numbers, providing high quality and well-connected accommodation. The number of PBSA units under construction in the capital is 56% lower than five years ago and there is a structural under-supply within the market. With the government looking to attract 600,000 international students to the UK by 2030, PBSA developments like Poland House will continue to present a highly attractive opportunity.”

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of nearly 92,000 as of June 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.

About Apeiron

Apeiron is an independent real estate investment and asset management firm dedicated to real estate opportunities in Europe with a particular focus on the UK and German real estate market, with offices in London, Munich and Luxembourg. Its property investments are owned together with capital partners, consisting primarily of leading pension funds, sovereign wealth funds, and financial institutions.