Amro opens new Amsterdam office in European expansion – Thomas Bohnstedt appointed as Investment Manager

September 27th, 2022

This week we open a new office in Amsterdam from which to spearhead our European expansion from 2,500 student housing units to 5,000 by the end of 2024.


Led by newly appointed Investment Manager Thomas Bohnstedt, previously Head of Underwriting at LRC Group and prior to that an Associate at Hudson Advisors, the office will target new purpose-built student housing opportunities in the Netherlands and Belgium.


Well-established in Iberia since 2018 and with nine projects already completed or under development, we are targeting early market share arising from a severe shortage of high quality, dedicated student beds against a backdrop of rising student populations. JLL estimates approximately 2.6 million more student beds are needed in Europe’s main student centres to meet existing demand, with growing student numbers set to push the shortage even higher.


Amro’s portfolio is being developed to be the leading portfolio of residential assets in Europe from an ESG perspective, with all projects targeting BREEAM Outstanding. We are analysing acquisition opportunities ranging in size from 200 – 500 beds in cities with healthy and growing student populations, with further office openings planned in Germany and the Nordics during 2023.

Raj Kotecha, Co-Founder and Managing Director of Amro Partners, said: “We believe that even in the current challenging market conditions, the supply – demand mismatch in purpose built student accommodation across many European countries provides a compelling investment opportunity. We are well positioned to deliver future proofed ESG assets and attractive risk adjusted returns to our investment partners and by expanding our presence in Europe we intend to bring our experience to new markets.”


Thomas Bohnstedt, Investment Manager, added: “Amro’s dual focus, combining real estate and sustainability, appeals strongly to European investors and students alike. Our specialist sector knowledge and entrepreneurial approach put us in a strong position to become a truly pan-European developer and operator. We are already reviewing a strong pipeline of opportunities and I look forward to undertaking our first set of transactions in the coming months.”