CC&L Infrastructure and Bestinver completed the acquisition of a majority stake in Northside student housing from Tikehau.

CC&L Infrastructure, an infrastructure assets owner and manager, and Bestinver, a Spanish asset manager specialized in investment funds and pension plans, completed the acquisition of a majority stake in Northside student housing from Tikehau, an infrastructure projects developer. Financial terms were not disclosed. “We are excited to further diversify our portfolio of infrastructure assets with the acquisition of this interest in Northside, which marks our first investment in the student housing sector. Northside provides an essential service to UTD’s student community and supports a sizeable and growing enrolment base. We look forward to working with our partners and UTD in the successful operation of Northside for years to come,” Matt O’Brien, CC&L Infrastructure President.