Tribera has formed a partnership with Aware Super to invest in a property platform that will own and operate German purpose-built student housing assets, targeting a portfolio with more than €1 billion ($1.15 billion) of investment capacity.
The partnership will own and operate high-quality prime student housing assets across key German markets, including Berlin, Cologne, Frankfurt, Hamburg and Munich. The platform will target investments across the risk spectrum, seeking an attractive risk-adjusted entry basis with the aim of unlocking value over the longer term.
“The creation of this new partnership speaks to the confidence global investors have in the underlying fundamentals of the German student housing sector, as well as Tribera’s vision of transforming urban living,” said Justin Hamer, CEO of Tribera.
“Germany’s purpose-built student accommodation market off