CA Ventures launches in Europe

CA Ventures, the $10.2 billion Chicago-based real estate investment company, has entered the European market with the commencement of an expected £500 million ($624 million) per annum investment in the development of purpose-built student accommodation (PBSA) in the United Kingdom and Ireland.

CA Ventures is a vertically integrated real estate investment firm with comprehensive in-house development, asset management and property management capabilities. CA’s investments in U.S. student housing have played a critical role in the firm’s success. CA has delivered some 50,000 beds in North America. CA has plans to invest £500 million ($624 million) a year in the United Kingdom and Ireland by 2021. CA Ventures will also be entering other European markets with commitments in its development pipeline of £300 million ($374 million) a year in The Netherlands, Spain, Portugal and Italy.

CA is targeting £1.3 billion ($1.6 billion) in ground-up development starts in Europe