Brookfield-backed International Campus completed the acquisition of properties in Germany from Capital Bay for €230m.

Brookfield-backed International Campus, an integrated real estate development and operation platform, completed the acquisition of properties in Germany from Capital Bay, an investment company, for €230m ($273m). “Our team leads the acquisition, development, letting and management of student projects in Europe. This reflects the strength of the IC platform in finding, developing and bringing to full occupancy excellent student and professional living properties that are not otherwise readily accessible," Gawain Smart, International Campus CEO.