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Tribera Press Releases

PRESS RELEASE

 

MILESTONE and BaseStack unite to form Tribera

 

London, 19th December 2025

 

Tribera, a new pan-European specialist living platform, has officially launched following the combination of MILESTONE and BaseStack Living into one unified, vertically integrated group across student, hybrid living and flexible-stay sectors.

 

The Tribera platform currently manages over 11,000 beds across eight European countries, bringing together a strong operational and development capability, institutional fund management experience, and a community-led, design-forward living model.

 

Tribera provides a full suite of investment, asset, development, technical and property management services to institutional capital partners. The fully integrated living sector platform is well positioned to support significant capital deployment across the risk spectrum for European living assets on behalf of its shareholders and institutional capital partners.

 

The group enters the market with a growing European presence across key cities in the Nordics, the Netherlands, Germany, Austria, Poland, Italy, Spain and Portugal. The first Tribera branded property will open in Vienna, with four further openings scheduled for 2026.

 

Justin Hamer, CEO and Co-Founder of Tribera, said:

“Tribera is the natural evolution of two highly complementary businesses. By bringing MILESTONE and BaseStack together, we’ve created a specialist living business that is both institutionally robust and brand-led at its core. Together we’re building a business designed for long-term European growth across student and hybrid living.”

 

Brendan Jones, Head of Real Estate EMEA, Macquarie Asset Management, added:

“Tribera brings together on-the-ground expertise, operational excellence and a clear brand proposition. The living sector continues to be a high conviction sector for Macquarie Asset Managementglobally , and Tribera is well positioned to capture that opportunity and become a market leader across Europe”

–ENDS–

 

 

 

 

Media enquiries

Tribera Group
Rachel Butterworth
press@triberagroup.com

 

 

 

About Macquarie Asset Management

 

Macquarie Asset Management is a global asset manager, integrated across public and private markets. Trusted by institutions, governments, foundations and individuals to manage approximately €540.6 billion in assets, we provide a diverse range of investment solutions including real assets, real estate, credit and equities & multi-asset.

 

Macquarie Asset Management is part of Macquarie Group, a diversified financial group providing clients with asset management, finance, banking, advisory, and risk and capital solutions across debt, equity and commodities. Founded in 1969, Macquarie Group employs over 19,000 people in 31 markets and is listed on the Australian Securities Exchange.

 

All figures as at 30 September 2025. For more information, visit macquarie.com

 

About Tribera

 

Tribera is a specialist living platform that owns, develops and operates assets on behalf of its institutional capital partners. The business is vertically integrated, providing a full suite of investment, asset, development, technical and property management services. As at 31 December 2025, Tribera manages over 11,000 beds across eight European countries.

 

The Tribera Group is owned by Macquarie Asset Management and its CEO and Co-Founder, Justin Hamer.

 

About the name Tribera

 

Tribera is our evolution — a brand that celebrates belonging and new beginnings. Our residents aren’t just finding a room; they’re stepping into the next era of their lives.

 

Tribe represents a connected network of places where people feel rooted, welcomed, and part of something bigger.

 

Era reflects a fresh stage of life — whether studying, working or exploring, every resident is stepping into their next chapter, filled with possibility.

 

Tribera brings people together to start something new. For both our residents and our clients, Tribera is born from two powerful platforms united into one.

 

 

PRESS RELEASE

 

Macquarie Asset Management partners with experienced industry specialist to acquire pan-European student housing platform

 

London, 21 July 2025

 

Macquarie Asset Management expands its presence into the European Purpose-Built Student Accommodation (PBSA) sector, signing an agreement to acquire and combine two specialist platforms – MILESTONE and BaseStack Living.

 

The transaction will bring together two complementary businesses to create a vertically integrated specialist PBSA platform managing over 12,000 beds across eight countries including Germany, Austria, Netherlands, Poland, Italy, Spain, Portugal, and Denmark. The new combined platform will have an immediate pan-European footprint with local on-the-ground development and operational expertise providing an attractive foundation for growth.

 

The owner of BaseStack Living, Justin Hamer, will remain as a shareholder alongside Macquarie Asset Management and be appointed as Chief Executive Officer for the new group.  Mr Hamer is an experienced leader and sector specialist after co-founding Basecamp Student which was ultimately sold as part of an approx. €1 billion transaction to Xior Student Housing NV in 2022.

 

Justin Hamer, the incoming Chief Executive Officer of the new combined platform, said: “This transaction comes at a time when the PBSA market in Europe is still at an early stage, while experiencing strong growth and increased institutional investor participation. There is a fundamental and critical undersupply of suitable accommodation for students across all major European cities with less than one bed per 10 full time students. We are thrilled to partner with Macquarie Asset Management to both buy and build new purpose-built and professionally managed student housing to tackle this investment opportunity.”

 

Brendan Jones, Head of Real Estate in EMEA at Macquarie Asset Management, said: “This transaction marks a new chapter in our European real estate strategy. We are pleased to close the acquisition of the MILESTONE and BaseStack Living businesses and partner with their very experienced and capable management teams to realise our mutual growth ambitions. Combining these complementary businesses creates a solid cornerstone on which to build a sector-specialist platform that will own, develop, operate and manage capital on behalf of its clients. Over time we expect to scale the offering across major European markets, which will help to alleviate pressure on the residential rental market and provide more specialised and affordable housing options for students.”

 

This transaction is indicative of Macquarie Asset Management’s real estate investment strategy with a current network of 16 specialist operator investments globally, offering clients access to a differentiated approach and local market expertise by investing in and partnering with specialist operators to create opportunities in difficult-to-access sectors.