25 April 2019 – Eje Prime
Temprano Capital Partners, a Spanish investment firm, plans to double its portfolio of student residences, through its subsidiary Temprano Student Living (TSL). The planned investments would increase its portfolio to more than 7,000 beds within three years.
TSL currently has 3,500 beds spread between ten ongoing projects, including those under development and others in operation. TSL’s student residences are located in Lisbon, Porto, Coimbra, Barcelona, Granada, Seville and Valencia. TSL plans to open two new developments in Barcelona and Porto by the end of 2019, in partnerships with CPA 18 Global and Carey European Student Housing Fund.
The Barcelona residence is located next to the Finistrelles shopping center. The 10,500-m2 asset will consist of 372 studios. The project in Portugal will have 580 studios spread over a 20,000-m2 area.
Original Story: Eje Prime
Translation/Summary: Richard D. Turner