Tag: Temprano Student Living

Temprano Capital Partners Acquires a New Site for a Student Residence in Madrid

17 June 2019 – Press Release

The new project, which forms part of the Temprano Student Living (TSL) initiative, will provide 10,000 m2 of premium accommodation for more than 400 students. This project represents Temprano Capital Partners first scheme in Madrid and its eleventh Student Residence development in the Iberian Peninsula.

Temprano Capital Partners has just acquired a new site in Getafe, Madrid. It is the firm’s first student residence project to be developed in Spain’s capital and the eleventh in Temprano Student Living (TSL) Iberian’s  pipeline.

The first TSL project to complete was TSL Marques de Pombal in Lisbon, which opened its doors to students in January 2018 and won the award for “Best in Class for Property Innovation and Sustainability at the Class” given by The Class of 2020 annual awards for its good work in innovation and sustainability.

By adding this new student residence in Madrid, TSL will increase the number of beds in its portfolio to more than 4,000. The city of Madrid has the largest number of students in Spain followed by Barcelona, Valencia and Bilbao, respectively. More than 300,000 students are enrolled in the region in the 2018-2019 academic year, of which 196,400 attend public universities with the remainder at various private educational institutions around Madrid.

The large student population in Madrid includes a large contingency from other regions of Spain (approximately 80,000 according to internal research) and approximately 24,000 international students principally Europeans and from the Americas.

The recently acquired site is located at Calle Ramón Rubial 37, Getafe, which is an 8-minute walk from the main campus of the Carlos III University and a 10-minute walk from the railway station Las Margaritas Universidad.

It is envisaged that the student residence will provide some 400 beds in a combination of cluster, studio and twin room configurations, within a building spanning just over 10,000 m2. The residence will provide other services and amenities, such as a gymnasium, lounge club area, audio visual / cinema rooms, library, study rooms and areas created for group work, dinner party rooms and onsite catering and restaurant facilities. The residence will offer rentals to be fully inclusive with 24/7 concierge service. Rooms will provide kitchens, individual bathrooms, Smart TVs, in addition to desks for in room study needs. High speed Wi-Fi will be provided throughout the project.

Original story: Press Release

Edited by: Carmel Drake

Temprano Capital Partners to Double its Portfolio of Student Residences in Three Years

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

Temprano Capital Partners Acquire Land in Valencia to Build 290-Bed Student Hall

5 September 2018 – Press Release

Temprano Capital Partners acquired a prime plot of land in the centre of Valencia during the month of August, in collaboration with CPA®:18 – Global. The firm is going to build a new hall of residence for students on the site, whereby increasing its portfolio in the Iberian market with 290 new beds.

Valencia is home to more than 100,000 students and is a popular destination for domestic and international students alike; given its exceptional characteristics, the Mediterranean city is the ideal location for study and leisure.

Temprano Capital Partners is going to be the developer behind the project. The firm will it include in its TSL – Temprano Student Living program, which currently comprises 4 projects in Portugal, ranging from completed properties to those under development, and 3 other projects in Spain, all in the development phase. In this way, the TSL program is set to supply 2,400 studios in total.

The latest residence to join the portfolio will have capacity for 290 students in a building spanning 10,000 m2. Given the central location of the plot, the hall of residence will enjoy good access to the main university campuses, the tram and the extensive network of bike lanes that criss-cross Valencia.

After seeing an opportunity in Valencia, which is home to universities such as the Polytechnic of Valencia and the University of Valencia, amongst many others, the firm considered that the current supply of student halls is obsolete and decided to invest in this project in an exceptional location – close to the campuses, the city centre and well connected to the rest of the city and the beach, as well as to the shops and the parks (…).

The hall of residence will offer all of the services that students look for in halls nowadays. The plans include a premium private gym, a swimming pool and sauna, a lounge club, an area for dinners and private parties, a cinema room, a library, all-inclusive rents and a porter 24/7. Naturally, the individual studios will be equipped with every creature comfort, including a kitchen, bathroom, high-speed wifi and television, as well as a private study area for those students who prefer it, whereby accommodating the different needs of the residents.

The new hall of residence will open its doors for the 2020 academic year under the management of a prestigious operator, specialising in student halls. The person in charge of this promotion is Jamie Rea, who is also responsible for some of Temprano’s other student hall projects including TSL Diagonal Alto. Rea has 25 years of experience in the sector and has worked on several major projects.

Temprano Capital Partners (TCP) is a private European real estate investor and developer created in 2013. Its current tactical focus is the Iberian market (Spain & Portugal).

Original story: Press Release

Translation: Carmel Drake