Ardian and Rockfield have acquired the 596-bed Minervahaven student housing building in Amsterdam’s Houthavens district, in what is one of the largest single asset Purpose-Built Student Accommodation (PBSA) deals in the Netherlands on record.
The Amsterdam transaction is the fourth investment by their pan-European strategy dedicated to Purpose-Built Student Accommodation since launch in October after earlier acquisitions of student residences in Florence, Bologna and Barcelona and takes its total investments in the last six months to over €300 million.
Minervahaven has been recognised as ‘The Most Sustainable PBSA Asset in Europe’ by student housing industry association The Class Foundation and has a BREEAM ‘Excellent-in-use’ sustainability certification.
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