International Campus has completed the acquisition of a portfolio comprising five student apartment blocks from Allianz Real Estate and CBRE Investment Management.
The acquisition is one of the largest transactions in the German-speaking region in the student housing market in 2022 and represents a significant milestone for International Campus, as it continues to grow its footprint in the student housing market and professional urban living space. The properties are already operated by International Campus under its brand THE FIZZ and are located in Berlin (Köpenicker Strasse), Darmstadt (Schöfferstrasse), Frankfurt am Main (Mainzer Landstrasse), Hanover (Am Kläpperberg) and Vienna (Dresdner Strasse). The accommodations available at the five properties add nearly 1,900 beds overall. The terms of the deal were not disclosed.
“We are proud to say that we now have 18 owned properties in 14 different locations across four countries with a total of 7,400 beds under op