Ardian and Rockfield Real Estate completed the acquisition of the Terrassa PBSA asset from Acciona.

Ardian, a global private investment firm, and Rockfield Real Estate, a vertically integrated living platform, completed the acquisition of the Terrassa PBSA asset from Acciona, a Spanish multinational conglomerate dedicated to the development and management of infrastructure. Financial terms were not disclosed. “This acquisition perfectly fits our strategy of targeting best-in-class PBSA schemes across Europe. It represents a strategic step in our long-term European vision dedicated to Purpose-Built Student Accommodation,” Juan Manuel Acosta, Rockfield Real Estate CIO.