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Amro acquires its fourth Student housing asset in Iberia
05 December 2019 | Vanessa Sousa

Amro Real Estate continues with its expansion across Iberia and has successfully purchased its fourth student housing asset in Spain in Valencia.

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The property, a 5,000 buildable sqm plot, is located close to Valencia city centre, near to the Universidad Católica de Valencia. The real estate firm is planning to develop a 170-bed scheme that will become a market reference in the city. Students living in AMRO’s student residence will have a rooftop pool, terrace and gym, amongst other features. Construction should start next year, with the scheme opening to students in summer 2022.

Valencia is the third largest university city in Spain, behind Madrid and Barcelona, in terms of number of students with a population. The various renowned universities, weather, leisure offering, coast, and the conditions of public transport are some features that Amro RE had considered to choose Valencia to open another student housing in Spain.

Amro continues to reinforce it’s conviction on the student housing market across Iberia. The real estate firm has a pipeline of potential acquisition opportunities and looks forward in announcing further acquisitions in the coming future. The specialized investment, development and asset management firm is looking to build a portfolio of 5,000 beds in the next 3 years across Iberia, developing greenfield or brownfield site opportunities and refurbishing existing student housing schemes.

Press Released By Amro Real Estate Partners