Student Experience expands its portfolio with 520 studios in Granada, Spain.
Student Experience is expanding its portfolio with the development of a 520-studio Purpose Built Student Accommodation (PBSA) in Granada, Spain. The development will be realized on the Parque Tecnológico de La Salud in Granada. Student Experience has contracted Arys diseño y construcción S. L. for the (technical) design and execution of the project. This is the second PBSA development by Student Experience in the Spanish student housing market. Recently, Student Experience has started the development of a 600-bed PBSA in Pozuelo de Alarcón in Madrid. The opening of both Granada and Madrid projects is scheduled for the academic year 2022/2023.
Student Experience expands its portfolio with second development in Spain
Johan Verweij, founder and CEO of Student Experience: "The market in Spain offers many opportunities with strong demand for student housing. Student Experience intends to expand its portfolio in Spain over the next years. We are actively looking for further expansion at top locations in the largest Spanish student cities. This new development in Granada, a city with more than 60,000 students, fits that profile with its site on the Parque Tecnológico de La Salud (PTS), centrally located near universities and public transport."
As with the previous developments by Student Experience, the Granada project is backed by Rinkelberg Capital Ltd. Rinkelberg is a London-based privately held investment firm with a focus on direct investments in real estate, private equity and fixed income.
Student Experience Granada
Student Experience Granada will offer 520 fully furnished studios, each with their own kitchen and bathroom. The new development focuses on a high quality level of fit-out and service. It offers a wide range of facilities and activities such as a multifunctional lounge, a swimming pool in the cosy courtyard, a paddle court on the roof, a private gym, a self-service laundry, a private dining room, various study areas and a parking garage for cars and e-bikes. The Student Experience team will be available 24/7 on location. A wide range of activities will be organized for and by the students. Student Experience aims to create an environment where students can develop themselves intellectually as well as create lasting friendships. Verweij: "By offering a safe and social community environment, we help new friendships and co-operation between students develop and grow. Together with our students, business partners and employees, we create a community that supports the development of the next generation."