29 September 2015 – Expansión
Knightsbridge, the British company specialising in the management of student halls, has bought a former printworks located in the centre of Madrid, with the aim of converting it into a student hall of residence.
Knightsbridge Student Housing has acquired the printwork building on la Cuesta de San Vicente, which used to house the old presses of the publishing company La Gaceta de Madrid, from Sucesores de Rivadeneira, and plans to convert it into a modern hall of residence with 350 bedrooms, as well as study rooms, a gym and leisure space. Knightsbridge made its first acquisition in Spain in 2002 with the purchase of the Galdos halls of residence for more than €20 milllion.
It is currently preparing for the opening of two halls of residence in Madrid, due in 2016, and is also constructing two other student halls in Alcalá de Henares and Barcelona.
Original story: Expansión
Translation: Carmel Drake