BGO has marked its entry into the North American student housing sector by acquiring a two-tower complex in Edmonton, Canada. The Eleanor and Laurent towers provide a mix of 493 student beds and 272 residential apartments, including 68 affordable units. Located in the Garneau district near the University of Alberta, the fully leased assets represent a significant expansion for BGO’s residential platform.
BGO has closed its largest-ever capital raise, amassing over US$5.1 billion for its flagship Asia-focused value-add real estate fund, with strong global investor support and a sharp focus on high-potential markets such as Japan, South Korea, Australia, and Singapore.