Ardian and Rockfield, a vertically integrated living platform, have closed a green financing package of €550 million ($648 million) for their purpose-built student accommodation (PBSA) strategy.
The latest financing provides additional capital for the platform to invest in PBSA across Europe and is structured to support further growth alongside the strategy. It demonstrates continued market confidence in the platform and provides additional resources to scale the strategy further by refinancing existing seed assets and securing funding for future acquisitions across the portfolio. The package combines €450 million ($530 million) of pan-European facilities, signed with ING (also acting as agent and global coordinator), Société Générale CIB and HSBC Continental Europe as mandated lead arrangers, together with additional financing of more than €100 million ($118 million) supporting existing investments in Italy. This green financing also underscores Ardian and Rockfiel
