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Sign in Sign up for a FREE subscriptionÂnima Educação, VBI create Brazilian student housing investment JV
Ânima Educação signed an exclusive agreement with VBI, an investment fund manager focused on the Brazilian real estate market, to develop a portfolio of student housing that will initially reach 5,000 beds, with an estimated investment of up to R$800 million ($155 million) over the next seven years by VBI.
The agreement includes the participation of Uliving, a company associated with VBI, which operates student housing in Brazil.
The strategic alliance plans to facilitate housing for more than 330,000 students.