Proprium Capital Partners will invest $100 million in projects in Italy’s fast-growing student accommodation sector, the real estate private equity firm said on Monday.
It will acquire and develop two purpose-built student accommodation (PBSA) projects to provide accommodation for more than 1,600 students in total in prime locations in the northern cities of Milan and Padua.
The facilities will include a gym, spa, outdoor sports facilities, cinema and group study spaces, it said in a statement.
Source: REUTER
Leave A Comment