Apache Capital Partners has sold the Paul St. East PBSA scheme in Shoreditch. : A UK student housing partnership made up of Greystar Real Estate Partners, the Public Sector Pension Investment Board (PSP Investments) and Allianz Real Estate has bought a £160m (€185.3m) London asset. The joint venture acquired the 458-bedroom Paul St. East purpose-built student accommodation (PBSA) scheme in Shoreditch from Apache Capital Partners. Canada’s C$153bn (€99bn) pension investment manager and Greystar joined forces in 2014 to create the Chapter brand. In June last year, Allianz joined Greystar and PSP Investments’ UK student housing partnership with a £350m equity investment.