This is a newly created role.

Oliver was most recently investment officer and head of European student housing asset management at W.P. Carey on behalf of two managed funds.

Prior to that, in his nearly 15 years of PBSA investment experience, he specialised in PBSA at Dartmoor Capital Management.

This has seen him work in PBSA projects worth a combined €1.5bn across Europe, involving over 16,000 student beds.

The European push he is overseeing for Cain will take place over five years.

Also holding the role of managing director, Oliver will report to Arvi Luoma who leads the investment firm’s European equity strategies.

His team includes Matteo Busetti, vice president, who has played a key role in Cain’s existing PBSA investments.

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“Oliver’s appointment marks a crucial step in advancing our European equity strategy, specifically within the living sector,” said Arvi. “His expertise in PBSA across our target geographies will be vital as we aim to build a premium portfolio of 10,000 student beds within the next five years and further establish Cain’s presence in this growing asset class.”

Oliver’s appointment comes after a period of growth for Cain’s work within real estate equity and credit linked to the living sector.

This included a £500m PBSA forward funding deal in 2023 to deliver 2,389 student beds across Russell Group’s UK university sites.

Since 2020, Cain’s credit platform has provided over £400m in construction financing for PBSA assets across the UK and Spain.

Oliver added: “This was a unique opportunity to join a dynamic investment firm with a well-established track record and exciting plans for growth. Cain’s integrated expertise across both real estate credit and equity in the PBSA sector positions us well to make strategic moves based on a partnership approach across Europe’s core markets. I look forward to being a part of Cain’s continued evolution.”