Ardian and Rockfield completed the acquisition of Minervahaven Student Housing Complex from Rinkelberg Capital.

Ardian, a global private investment house, and Rockfield Real Estate, a vertically integrated European residential real estate platform, completed the acquisition of the 596-bed Minervahaven student housing complex in Amsterdam from Rinkelberg Capital, the investment office of the founders of TomTom. Financial terms were not disclosed. "This acquisition underlines our clear ambition to significantly expand Ardian’s presence in the PBSA sector across Northern Europe. With a particular focus on the Netherlands and the high potential German market, we see a tremendous opportunity to grow our portfolio with sustainable, high-quality assets that meet the evolving needs of students and cities alike. Leveraging our long-term capital and operational expertise as well as a significant project pipeline, we are committed to becoming a key player in shaping the future of student living in the dynamic European market," Bernd Haggenmüller, Ardian Senior Managing Director.