J.P. Morgan Asset Management (JPMAM) plans to expand its European managed living platform through a joint venture with iLive Group. This partnership further strengthens JPMAM’s presence in the student and flexible living sectors — two segments marked by persistent undersupply and robust demand.
The joint venture intends to develop a €1.5 billion ($1.8 billion) purpose-built student accommodation (PBSA) portfolio, delivering high-quality, amenity-rich housing across major German cities with significant student populations and limited housing availability. The partnership has already secured initial sites in Frankfurt and Berlin, comprising approximately 1,000 beds.
“This partnership unlocks an exciting opportunity to deliver real value for our clients, partners and communities, building on an already successful student living concept and helping to close Germany’s major gap in high-quality, modern student housing,” said Michael Ramm, head and CIO of real est
