GSA Student Accommodation in Spain, Spanish Building, News, University, Architecture Images
GSA Student Accommodation in Spain
Campus Housing in Spain – Javier Aguilar Viyuela, Carmen Bonet Baiget and Zacarías González
22 Jun 2017
GSA Student Accommodation in Spain
Architects: Javier Aguilar Viyuela, Carmen Bonet Baiget and Zacarías González
Location: Spain
GSA Student Accommodation in Spain

GSA, the global student accommodation leader, announces that it has acquired a Spanish student accommodation portfolio, operating business and brand, from funds managed by Oaktree Capital Management, L.P. (?Oaktree?).

The transaction comprises 914 operational beds across three properties and a further 1,320 beds in development. The deal will strengthen GSA?s leading position in the burgeoning European student accommodation sector. The acquisition was funded by GSA?s European Global Student Accommodation Fund (GSAF Euro), with debt funding arranged by LaSalle Investment Management. The operational portfolio is located in central Madrid and comprises four assets: Galdos, with 370 beds in the heart of the city?s main university campus; El Faro with 358 beds, in a brand new award winning building and Claraval, a prime city centre location which comprises 186 beds. In September 2017, the newly completed Lope de Vega University Residence, will open for the first time, becoming home to 468 domestic and international students.
The transaction delivers two further development schem...