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Corestate to Invest €30 Million in New Student Residence in Barcelona

21 October 2019 – Luxembourg-based Corestate Capital Holding will invest thirty million euros in developing a new student residence at Calle Pallars 489, in the city’s technological district, 22@, near then Pompeu Fabra University.

The building, which should be ready by 2022, will have a net leasable area of 4,550 square meters, with 257 flats for a total of 265 students. The new student residence will also have a co-working space, as well as two terraces, a swimming pool and a gym.

The company’s student housing provider, Youniq, will operate the residence. That firm already manages four other student residences in Spain.

Original Story: Eje Prime – Marta Casado Pla

Adaptation/Translation: Richard D. K. Turner