Commerz Real has completed the purchase of the One Sevilla student accommodation complex, located in the capital of Andalusia, as part of its Commerz Real Institutional Smart Living Europe fund.
The seller is a private individual who has chosen to remain anonymous, and the purchase price has not been disclosed. The transaction was advised by the property consultancy Savills.
Kerstin Struckmann, Global Head of Product Management for Professional Clients at Commerz Real, explains that “this acquisition forms part of the ongoing optimisation of our fund portfolio”. As part of this strategy, the company previously acquired the Swuite complex in Dublin in November 2025 and sold the Pallars complex in Barcelona in January 2026. In addition to these properties, Commerz Real’s portfolio includes two further complexes in Vienna and Frankfurt am Main.
The One Sevilla complex, completed in 2021, offers 249 beds in single and double rooms, each with its own bathroom and kitchenette. Residents have access to study areas, a gym, leisure areas, a café and outdoor spaces with a terrace and swimming pool. It also offers a laundry service, and its current occupancy rate stands at around 94% per semester.
“Seville is an attractive market for investment in student accommodation, with latent demand outstripping supply,” adds Struckmann. In fact, according to a Savills analysis cited by the company, there is residential accommodation available for just one in ten students, and the volume of new builds is lower than in any of the other eleven major university cities in Spain. In 2025, there were approximately 87,700 students in the Andalusian capital.
