CA Ventures enters Iberian market with €200m commitment and managing director hire
CA Ventures has appointed Steven Zijl as managing director in Spain and Portugal. Zijl joins CA Ventures from Eurostate Real Estate Partners, a private management company he founded in 2001, specializing in private investment and development of residential, student housing and healthcare real estate assets.
With the integration of Eurostate’s residential and student housing activities, CA Ventures has created direct access to an extensive local network of partners, market knowledge and a substantial pipeline of potential projects, the first of which are being executed in 2020.
CA Ventures, which launched its European platform in September 2019, has committed to spending €200 million ($228 million) per year in Spain and Portugal for purpose-built student accommodation (PBSA) and build-to-rent (BTR) projects. The company is primarily focusing on university cities, including Madrid, Barcelona and Lisbon, as well as Valencia, Salamanca and Granada.