Amro Partners and Aviva Investors have partnered to invest in German purpose-built student accommodation (PBSA), with an initial plan to target a portfolio of 3,000 student beds over the next three years.
The newly launched platform, which expects to hold an initial portfolio worth over €500 million in gross asset value, has already acquired a site in the Charlottenburg district of Berlin for a €60 million project.
The development is currently expected to open before the start of the 2028/2029 academic year.
Source: Press release sent 23rd of October