The Stellar Portfolio sold by Fusion Students. : Alternative real estate fund manager Arlington Advisors has acquired a £280m (€310m) worth of UK student accommodation in a joint venture with infrastructure fund manager Equitix. UK-based Arlington Advisors, which advises Jersey-based Arlington Investors, said it bought a portfolio from Fusion Students for more than £232m and an additional property from an unnamed private investor. The five assets sold by Fusion Students, known as The Stellar Portfolio, encompass 1,857 beds in Newcastle, Nottingham, Cardiff and Bristol. They are operated by Collegiate AC.