Round Hill Capital sells Nido Living to CPP Investments
Transactions - APRIL 2, 2024

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Round Hill Capital sells Nido Living to CPP Investments

by Released

Round Hill Capital has sold its Nido Living business to Canada Pension Plan Investment Board (CPP Investments). The transaction represents a successful disposal for Round Hill Capital, which has owned the business for 12 years.

As part of the transaction, Round Hill Capital is also selling its stake in the existing student accommodation joint venture between the two companies, which comprises more than 5,000 beds across 15 European assets.

Having acquired Nido Living in 2012, Round Hill Capital has successfully grown the business into one of Europe’s leading providers of purpose-built student accommodation, managing and/or developing more than 18,000 beds during the time while offering a high-quality resident experience. Nido has also won multiple awards, including from the Global Student Living Index, PIEoneer, Property Week and The Class Foundation, for its leading student housing operations.

Michael Bickford, Round Hill Capital’s CEO and founder, said,

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