Partners Group, a leading global private markets firm, acting on behalf of its clients, and DeA Capital Real Estate (“DeA”) have formed a new pan-European platform (the “JV”) with Camplus, the market leader for student housing in Italy. The JV will develop and operate next generation purpose-built student accommodation (PBSA) assets in Europe and aims to become a market leader in the space, targeting over 5,000 beds.
The JV will be seeded with two development projects: Camplus Ivry, a 448-bed scheme at Ivry-Sur-Seine, Paris and Camplus 22@, a 250-bed development site in the 22@ technology district in Barcelona. Both projects will be targeting green certifications, including NF HQE Habitat Excellent in France and BREEAM Very Good in Spain, along with WELL and WiredScore certifications. The JV is actively progressing on a significant pipeline of additional projects, with the ambition to build a leading platform of PBSA beds in undersupplied markets across France and Spain.
The JV marks a significant milestone for Partners Group as it continues to build its presence in the student housing sector. This latest JV represents Partners Group’s first platform expansion into continental Europe PBSA following its partnership with Host in the UK.
The JV’s assets will be operated by Camplus, Italy’s market-leader in student housing, which is renowned for its focus on student experience and customer satisfaction. Camplus’ expansion into France and Spain is part of its strategic plan to expand beyond Italy where the firm is the largest provider of student accommodation, managing over 11,000 beds in 16 cities.
You can now read the full press release at the link below