VStudent acquired a terrain in Barcelona and an office building in 22@

VStudent acquired a terrain in Barcelona and an office building in 22@

Venture capital fund VStudent, developed by Bankinter, Valeo Groupe Europe (subsidiary for European investment from American Valeo Groupe), and Plenium Partners, carried out its first investment operation in the Catalan capital with the acquisition of a terrain with a 15.400 sqm buildable area.

The fund also acquired a 2.500 sqm office building adjacent to the terrain, through a sale & lease back operation. Both assets are located at 22@. The operation was advised by Savills Aguirre Newman.

VStudent is planning to operate the new development under the brand LIV Student from Valeo Management, Valeo Groupe’s asset management and development branch. The brand offers the students en-suite accommodation, common areas and services as well as events related to the student world.

«These transactions show the investors’ attraction for 22@ thanks to its unique positioning in Europe and its capacity to attract talent. Proof of that is that, in 2020, this tech district concentrated 47% of all office transactions in the city», pointed out Carlos Bajo, capital markets office director for Barcelona at Savills Aguirre Newman.

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