News

• Amro Partners’ first micro-living scheme in Kingston will be one of Europe’s most sustainable residential buildings, achieving BREEAM Outstanding, Fitwel 3* and WiredScore Platinum ratings
• Part of the existing building structure will be retained to reuse the embodied carbon, in line with our NZC2030 pledge
• Planning approval secured for 202 micro-living units alongside residents’ lounge, wellness centre, co-working spaces, and rooftop terrace
• £65M GDV project will target graduate, young professional, and key worker market

Amro has achieved planning approval for our first micro-living scheme in the heart of Kingston-upon-Thames, a £65M GDV, 202-unit development which will become one of Europe’s most sustainable buildings upon completion in Q4 2023.

• Croydon Park Hotel site will be transformed into new £200m GDV Build to Rent scheme
• Project will deliver c.600 units with roof terrace, gym/wellness centre, and cinema room
• The site has been acquired unconditionally in a joint venture partnership with Flemyn LLP
• Project to target BREEAM Outstanding rating in line with Amro’s NZC2030 pledge
• Construction scheduled to begin in spring 2023, with development opening in 2025

Amro Partners, in partnership with Flemyn LLP, has acquired the Croydon Park Hotel in Croydon, South London for a market-leading Build to Rent development.

• Salamanca, Spain project will deliver c.160 beds opening in September 2024
• BREEAM ‘Outstanding’ rating will make it one of Spain’s most sustainable new buildings
• Salamanca is home to 30,000+ university students with 70% in need of student housing
• Ambitious Iberian expansion will grow regional student portfolio to c.2,500 beds
• Amro has also closed €18M finance deal with Cheyne Capital for PBSA project in Pamplona

Amro Partners has acquired a new 157-bed student housing project in Salamanca, one of the Spain’s most historic university cities. The project is our ninth in the region since we launched in Iberia in mid-2018, consolidating our portfolio of c. 2,500 student beds with a total GDV of €250 million.

As we continue our mission to achieve NZC2030, we’re delighted to announce that Amro’s student housing project in Valencia has been awarded a BREEAM Outstanding rating.

According to a recent report by GRESB, (Global ESG Benchmark for Real Estate Assets) a growing number of the UK’s private and listed CRE companies are participating in voluntary ESG and climate-related disclosures. We have also witnessed wide-ranging levels of public commitment to Net Zero compliance by 2050 at corporate level, portfolio level and at individual asset level. The BBP’s (Better Buildings Partnership) Climate Commitment Group has enjoined 26 of the world’s largest real estate companies, representing c. £240bn AUM, who have committed to Net Zero pathways prior to COP26.

We can no longer turn a blind eye to the fact that far more needs to be done in terms of tackling global warming on a cross-sector basis. While individual efforts are important to build momentum, it is crucial for corporate housing specialists to address this problem head-on. It’s obvious the corporate travel sector can no longer ignore the adoption of greener protocols, as the discussions at COP26 in Glasgow last month presented some stark realities. For one, the climate envoy from the Maldives stated that delays to the Paris Agreement would be a death knell for their country, with 80% of its landmass becoming uninhabitable by 2050.