Announced
Completed
Synopsis
Ardian and Rockfield, companies specializing in real estate and purpose-built student accommodation investments, completed the acquisition of Cristóbal de Moura, a fully occupied student housing and office complex in Barcelona, from Henderson Park, a private equity firm, and Hines, a private equity firm. Financial terms were not disclosed. “We are proud that one of the first acquisitions within our pan-European PBSA strategy has been completed in Spain. It is a key market for us and Barcelona, with its dynamism and high student demand combined with a limited supply of quality accommodation, represents an attractive investment opportunity. This property perfectly aligns with our investment objectives, meeting the highest international standards in terms of quality and sustainability.” Edmund Eggins, Ardian Managing Director Real Estate.
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