Ardian and Rockfield completed the acquisition of Aparto Milan Durando from Blue Noble and Hines.

Ardian and Rockfield Real Estate, companies specializing in private equity and purpose-built student accommodation investments, completed the acquisition of Aparto Milan Durando, a newly developed student housing complex in Milan, from Blue Noble, an international real estate investment manager, and Hines, a global real estate investment firm. Financial terms were not disclosed. “This investment represents a strategic step in our long-term European vision dedicated to Purpose-Built Student Accommodation, a rapidly growing sector that is increasingly central to urban transformation. With this acquisition in Milan, we complete our fifth investment in facilities located in international university cities, with the aim of offering modern, sustainable, and high-quality housing solutions designed to meet the needs of new generations. For us, investing in student housing means contributing to the development of more inclusive, innovative, and green cities, by providing students with spaces that are not only functional but also stimulating and environmentally conscious”. Rodolfo Petrosino, Ardian Head of Real Estate Southern Europe and Senior Managing Director.