The British company specialized in the promotion and management of student accommodations has acquired a building in Seville destined for the future accommodation of 332 University students, one more step of the company within its expansion plan in Spain. The company estimates that the works of adaptation of the building, which has 9,300 square meters, will begin this summer and will be inaugurated in January 2021. The student hall will have communal areas, group study areas, dining room, gym and parking. Located between the campuses of the universities of Seville, Pablo Olavide and Loyola Andalucía, it could serve 38,600 students enrolled in the three academic centers.
Malaga needs places to accommodate new students, who move to live in the capital of the Costa del Sol to complete their studies. For this reason, the British group Amro Real Estate Partners has announced that it will build a residence for 230 students in the Teatinos neighborhood. In the university district, in the place where the campus is located with all the bulk of the faculties of the University of Malaga. That is where an investment is expected to complete the company´s landing in Spain and Portugal.
The British company has purchased a land of 5,000 square meters and plans to open its fourth Student Accommodation in Spain in summer 2022.
The student residence market warms up. Amro Real Estate has closed the purchase of a plot in Valencia where it plans to build its fourth student residence in Spain. Specifically, the asset, which will have 5,000 buildable square meters, will offer 170 beds. The construction of the new residence will begin in 2020 and is expected to be operational in summer 2022. Among other services, the property will have a rooftop pool and gym.
Amro continues with its expansion across Iberia and has successfully purchased its fourth student housing asset in Spain in Valencia. The property, a +5,000 buildable sqm plot, is located close to Valencia city centre, within walking distance to the majority of the Universidad Católica de Valencia (UCV) campuses and within less than 30 mins. public transport connection to all the other university hubs in Valencia (Universidad de Valencia, Universidad Politécnica de Valencia, CEU Cardenal Herrera, amongst others)…
LaSalle Investment Management’s latest real estate debt deal – a €20.5 million loan to finance 360-bed, purpose-built student accommodation (PBSA) development in the Spanish city of Granada – demonstrates how property lenders are exploring opportunities in the higher education sector beyond mature markets such as the UK..
Is there merit in introducing Opportunity Zones to stimulate investment into the Build-to-Rent sector in the UK?
In 2017, the Trump administration introduced Opportunity Zones (OZ) as part of wider tax reform legislation. OZs were set up to attract investments into designated low-income communities throughout the US. The investments are to be channelled through specialised investment vehicles called Opportunity Funds (OF) that benefit from tax incentives…
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The British group Amro Real Estate Partners has announced that it will build a residence for 230 students in the Teatinos neighborhood. In the university district, where the campus and most of the the faculties of the University of Malaga sit.
Read here the full article in Spanish
Amro Real Estate Partners has acquired a 64,580 sq ft buildable plot in Málaga, as part of its plans to set up a €500m (£440m) student housing portfolio across Iberia. The site has zoning permission to develop a 230-bedroom property.
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The British company specialised in student housing projects 5,000 beds in Spain and Portugal, 3,000 of which are already under negotiation.
Read the full article in Spanish