CPP Investments completed the acquisition of Nido Living from Round Hill Capital.

CPP Investments, a Canadian investment management organization, completed the acquisition of Nido Living, a European residential property manager, from Round Hill Capital, an integrated real estate investment manager. Financial terms were not disclosed. “CPP Investments and Nido together are well placed to meet the increasing demand across Europe for high-quality PBSA,” “Premium quality and affordable student housing is in high demand due to increased student mobility and growing participation in higher education. In Europe, student populations are increasing as labour markets upskill, resulting in growing pressure for accommodation, positioning this platform well to deliver strong risk-adjusted returns for the CPP Fund,” Tom Jackson, CPP Investments Managing Director and Head of Real Estate Europe.