According to a release quoted by Negócios, Portugal will be the stage for the group’s European debut in the international market in this business segment, In Lisbon, the residence will be located in «a terrain adjacent to Universidade Lusíada (…) and 200 meters away from Instituto das Artes e das Novas Tecnologias». It will have 124 accommodations, including studios and two student apartments.
In Porto, the new 211 accommodation residence will be located «in a quiet residential area, close to shops and with connection to metro and bus, allowing easy access to Universidade de Direito and Faculdade de Medicina», explains the company.
The investment, whose amount was not disclosed, will not stop here. The group’s CEO, Laurent Dusollier, explains that «by mid 2020 we ought to have already decided the main locations where we intend to establish ourselves in. In Lisbon, where we have planned two or three more projects; in Porto; in Coimbra and maybe even in Évora. This means a total of eight residences (until 2025) ».