Round Hill Capital, a leading global real estate investment, development and asset management firm, has signed a deal to acquire a 703-bed student accommodation development for its third PBSA site in the Netherlands.
Located on the Leiden Bio Science Park, part of the University Campus, the 14,562-square-meter (tk-square-feet) asset will bring much-needed high-quality student housing to the city. Construction is set to start in 2021, and the development is scheduled to be ready for occupation for the 2023/2024 academic year.
Leiden is among the top student cities in the Netherlands, with the student population projected to grow by 13 percent in total by 2025, equivalent to an extra 5,000 students. Not only will the city see tremendous growth in the student population over the next few years, but it will also experience significant demand for accommodation. There is already a current shortage of thousands of student rooms in Leiden.
The deal highlights Round Hill
