Azora has acquired a student residence in Cerdanyola del Vallès, Barcelona, from a joint venture formed by LaSalle Investment Management and Urbania. The asset, operational since September, comprises 14,500 square meters (156,000 square feet) and offers 610 en-suite single rooms, 196 of which include private kitchens. The residence also provides short-stay units aimed at visiting professors, researchers and professionals connected to nearby universities and the surrounding business ecosystem.
The building features extensive communal areas designed to enhance wellbeing and community living, including a fully equipped gym, two swimming pools (including one rooftop pool), cafeteria with half-board and full-board options, collaborative study spaces, quiet rooms, cinema, meeting and exhibition areas, as well as a landscaped inner courtyard.
The residence is located in Parc d’Alba, a newly developed and strategically connected business district, within a 10-minute walk of