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.