German asset manager DWS is set to acquire a group of eight student accommodation buildings , located across the UK , from Vita Group for £ ##500 m ( $ 727 m ) . The move expands Siemens ' presence in the sector , and follows the recent forward purchase of a project in Germany . Post - acquisition , Vita Group will continue to manage and operate the buildings .
German asset manager DWS is set to acquire a portfolio of eight student accommodation assets, located across the UK, from Vita Group for £600m ($727m). The move expands DWS' presence in the sector, and follows the recent forward purchase of a project in Wembley. Post-acquisition, Vita Group will continue to manage and operate the buildings.