Amro Partners has joined forces with Invesco Real Estate to pursue opportunities in the Iberian residential market, starting with the acquisition of two new projects in Spain.
The first project will comprise 400 new student beds in northern Spain, a 15-minute walk from one of the biggest and most renowned universities in the country. In Madrid, the development will feature 166 beds in the Moncloa-Aravaca district, in the northwest of the city, close to several university campuses including Moncloa — the main university campus in Madrid.
In line with Amro’s wider portfolio, both projects will target a full suite of the highest ESG credentials, including maximum BREEAM, Fitwel and WiredScore certifications, with a wide range of amenities and shared facilities encouraging student health and wellbeing.
Building further on its existing presence in Iberia and an actionable pipeline of 5,000-plus student beds, Amro is focused on an ambitious wider growth strategy a