Amro Buys Sevillan Development in Iberian Roll-out

25 January 2019 – EGI

London-based investor Amro Real Estate Partners has bought a site in Sevilla, marking its second acquisition within its student housing platform in Spain and Portugal.

The deal forms part of the company’s strategy to create a 5,000-bed investment platform in the region.

Last year, Amro appointed CBRE to search for a student housing joint venture partner to undertake a €300m (£261m) capital investment in its Iberian expansion.

At the same time, it invested in a 360-bed student housing development site in Granada, which will launch in early 2020.

The site in Sevilla measures around 100,000 square metres (…).

Original story: EGI (by Pui-Guan Man)

Edited by: Carmel Drake

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