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