Ardian and Rockfield have acquired Cristóbal de Moura, a 347-bed student accommodation asset in Barcelona. This marks Ardian and Rockfield’s first joint acquisition in Spain.
The property was sold by Henderson Park and Hines.
This is the second investment through Ardian and Rockfield’s pan-European strategy dedicated to purpose-built student accommodation (PBSA), which launched in October 2024, and follows the acquisition of a student residence in Florence, announced in November 2024.
The acquisition of Cristóbal de Moura aligns with the core-plus focus of Ardian and Rockfield’s pan-European strategy, which aims to create value by enhancing assets’ operational performance and contributing to CO2 emission reductions in line with the Paris Agreement. The strategy has an active pipeline across France, Germany, Italy, Spain and the Netherlands, with dry powder of €800 million ($840 million), and will be increasing its investor commitments throughout 2025
