Student housing

Investment thesis

Leading presence in Iberia, highly fragmented market with significant build-up opportunities
Sellers capital constrained and in need of divesting non-core and underinvested assets
Growth potential in premium student housing market 
Partnership with leading Spanish real state player

Value added


  • Actively supported build-up, under which 11 new college student residences were acquired or developed
  • End-state platform operated 25 student residences

Operational excellence

  • Operational improvement to enhance customer loyalty, occupancies and tariffs
  • Significant revamping of portfolio


  • Strengthening of management team by incorporating new CEO, COO and CFO
  • Additional key hires in the Resa commercial department