Ardian and Rockfield have added approximately 1,500 beds to their pan-European purpose-built student accommodation (PBSA) strategy through three transactions in Italy, France and Spain.
The transactions include the forward acquisition of a new 427-bed project in Milan, the forward acquisition of a 327-bed project in Bordeaux, and the acquisition of a 750-bed standing asset in Barcelona. The Bordeaux transaction marks the first investment in France for Ardian and Rockfield’s PBSA strategy.
Since launching in the fourth quarter of 2024, the PBSA strategy has completed 12 transactions totaling approximately 6,000 beds across Europe’s major university hubs, positioning Ardian and Rockfield among the leading PBSA investors in continental Europe.
Ardian, a global private investment firm, and Rockfield, a vertically integrated European living platform, said the three transactions reflect an acceleration of their PBSA investment activity across the continent.
