DeA Capital Real Estate, a pan-European investment management company based in Italy, together with Partners Group, a global investment firm, and Camplus, renowned for its student housing offer in Italy, have launched a collaboration to create a pan-European platform dedicated to student accommodation. This initiative aims to develop high quality, sustainable and affordable student accommodation facilities, targeting a portfolio of more than 5,000 beds across Europe. The first projects of this joint venture have been launched in Barcelona and Paris.
In Barcelona, the collaboration has led to the acquisition of an 8,325 square metre site in the 22@ technology district, in a transaction advised by Cushman & Wakefield. Located at Calle Perú 152-158, the land will be used for a student residence and an office building. GC Gruppe-Teclisa, a materials distribution company, will occupy part of this new building. Camplus, with a significant presence in Italy and Spain, will manage the student residences.
Eusebi Carles, Capital Markets Partner at Cushman & Wakefield , highlighted the relevance of this transaction as an indicator of the strength of the 22@ district, which continues to attract investors and operators despite the recent difficulties in the real estate sector.
On the other hand, the project in France, located in Ivry-sur-Seine, near the university campuses of Tolbiac and Jussieu in Paris, will offer 448 beds within a residential development that includes high quality services, providing added value to students.
Koldo Ibarra, CEO of DeA Capital Real Estate Iberia, has underlined the importance of this strategic alliance to offer high quality products to students, noting that the collaboration with Partners Group and Camplus brings the knowledge and experience necessary to develop communities that favour the academic success of students.
