CA Ventures , the vertically integrated real estate investment management company, has announced its in-house purpose-built student accommodation (PBSA) management company, Novel Student, has been awarded the prestigious Global Student Living (GSL) Gold Certification for the UK region. This recognition is a testament to Novel Student’s commitment to delivering exceptional living experiences for students while prioritizing sustainability, quality, and overall resident satisfaction.
Notably, Novel Student achieved the Gold Certification in its first year of participation in the GSL survey and only its second year of operations in the UK. This remarkable accomplishment underscores Novel Student’s commitment to excellence and its ability to create an outstanding living environment for their students.
The GSL certification is granted to student accommodation providers that meet rigorous standards across seven key metrics that constitute the GSL Index Score. These metrics include condition and quality, bedroom, value for money, care and support, recycling and environmental facilities, overall management, and internet. To achieve this certification level, a provider must surpass the set thresholds in all seven metrics, showcasing their dedication to meeting and exceeding student expectations.
Novel Student’s achievement of the Global Student Living Gold Certification for the UK region sets a new standard for the industry, underscoring its dedication to excellence and commitment to providing an unparalleled student living experience. The company looks forward to building upon this success and continuing to redefine student accommodation in the UK and beyond.
All Novel properties offer residents outstanding shared amenity spaces, ranging from gyms and study rooms to terraces and relaxation areas. A key focus is to ensure the properties are staffed with an on-site team to provide exceptional service to the residents. Each Novel community hosts regular social gatherings and other activities for the benefit of the students.
CA Ventures is a global vertically integrated real estate investment management company with approximately $16 billion in assets across the United States and Europe. The Chicago-based firm offers comprehensive in-house investment, development and operational services, and specializes in a range of niche, commercial real estate asset classes including student living, senior living, multifamily and industrial. CA Ventures manages real estate investments on behalf of some of the world’s largest institutional investors across a range of core, value-add and opportunistic investment vehicles. The firm also offers third-party management services for student and residential assets.
Source : Company