Investment Rational
Former hotel converted into student housing project. Unparalleled location in front of Universidad de Navarra, one of the best private universities in Europe with c. 11k students per year, thereof 70% not from Pamplona.
Management signed with major Spain student housing operator.
Deal shows our capacity to successfully convert assets and use in a short investment horizon
Key data
Category | Student Housing | |
Location | Pamplona, Spain | |
Strategy | Capital Gain | |
IRR | 21,7% | |
Multiple | 1,26X | |
Investment Period | 17 months (initially forecasted 35 months) |