Round Hill Capital, CPP Investments purchase 506-student bed acquisition in the Netherlands

Round Hill Capital has purchased a new 506-bed asset in Maastricht, the Netherlands, as it continues its rapid expansion of investing in student accommodations across Europe.

The transaction is one of the four seed-asset acquisitions as part of Round Hill Capital's recently announced €1 billion-plus ($1.13 billion) joint venture with Canada Pension Plan Investment Board (CPP Investments). The partnership is one of the largest Pan-European student accommodation mandates in history.

“This latest acquisition reinforces our position as one of the market leaders in the European student accommodation sector. We expect 2022 to see the sector return to pre-COVID delivery levels of student beds, and developments such as this will play a significant role in easing the pressure on housing stock across Europe’s major cities,” said Brian Welsh, managing director/head of student at Round Hill Capital. “This new development in Maastricht will help address the significant sh