Investor Round Hill has added student and residential assets to its portfolio with a 698-bed purpose-built student accommodation acquisition in the Netherlands as part of its KKR JV and teamed up with Canada’s Ivanhoe Cambridge to acquire 362 units in Germany.
In the lead transaction, Round Hill has formed a new joint venture with global investment giant Ivanhoé Cambridge seeded with 362 residential units in Berlin acquired for €75m (£66m). The JV’s ongoing focus will be on Berlin’s greater metropolitan area.
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