Aparto launches in Italy for the student housing market

Aparto, a student housing platform fully owned by Hines, has launched in Italy with two new residences, aparto Milan Giovenale covering 16,339 square meters (175,872 square feet) and aparto Milan Ripamonti spanning 24,557 square meters (264,329 square feet), scheduled for delivery during 2022.

Aparto Milan Giovenale is the result of a long-standing partnership between Hines and Blue Noble, through a regulated fund that targets student housing and serviced apartments investments in Italy, managed by Savills Investment Management SGR. The building will open its doors in January 2022 and is located between Via Giovenale and Via Col Moschin, in close proximity to some of the city’s most renowned universities, including the prestigious University of Bocconi. This student accommodation will offer 584 beds spanning five different types — ensuite, twin, studio, studio premium and apartments — available for students to book for periods ranging from a few months up to one year. T