DWS acquired Vita Student from Savills for £600m.

DWS, a Europe-based global asset management company, acquired Vita Student from Savills for £600m. The deal incorporates eight UK assets and will see Vita Group continue to manage and operate the buildings on behalf of DWS. Ronen Ribak, Head of Real Estate Transactions, Europe at DWS, said: “A high-end portfolio in strong locations catering to both local and international students was critical in our decision to acquire this portfolio, and to partner with a true experience led operator such as Vita Group. We will continue to seek best in class student housing properties across Europe and partner with managers and operators with a shared trajectory of growth as we continue to deploy capital in the European student housing sector.”