There are already several cities with more than 50.000 students identified. In Spain, CA Ventures sees opportunities in Madrid, Barcelona, Valencia, Salamanca and Granada. In Portugal, until now, only Lisbon was one of the cities highlighted by the company, according to Investment Europe.
The company’s goal is to invest «creating a new generation of student housing and build-to-rent schemes that are currently unavailable anywhere else in the market», so that it can «create value for our investors in the long-term», revealed CA Ventures’ responsible for investments in Europe Ventures Carlo Matta.
In order to achieve this, the company has already nominated a director who will be charged of managing investments in Portugal and Spain: Steven Zijl, who earned an extensive experience in the sector by working at Eurostat Real Estate Partners. For Carlo Matta, «Zijl's appointment reflects the latest move in our pan-European strategy to invest in the development of high quality, institutional grade assets in the PBSA and BTR sectors. With over twenty years of experience in the real estate sector and most importantly in Iberia, I am fully confident that Steven will lead our push into a new market with enormous potential».
Last September, the company launched itself in the European market, according to the same source, but it was in March 2018 that the American company first announced it would invest in the European real estate market with 500 million euro to spend. At the time, besides Spain, CA Ventures was also looking for investment opportunities in the United Kingdom, Holland, Germany, Ireland and the Czech Republic.