Round Hill Capital announces trio of investments in Spain
Round Hill Capital continues to expand its real estate portfolio across Europe, adding 1,228 beds in a trio of new investments worth €183m.
Round Hill Capital, an integrated global specialist real estate investor, developer and manager, continues to expand its real estate portfolio across Europe adding 1,228 beds in a trio of new investments worth €183m to key cities in Spain, further expanding the firm’s growing real estate portfolio in Iberia.
The trio of investments include The Hotel Florida Norte, a 400-bedroom hotel near Plaza de España in Madrid, which will be redeveloped into one of the largest modern accommodation spaces in the city centre and targeted to students and young people. It also includes two new purpose-built student accommodation (PBSA) developments in Seville and Madrid, which will add an additional 593 student beds to Round Hill Capital’s portfolio on behalf of Round Hill European Student Accommodation (RHESA) fund, the €1bn+ European PBSA joint venture with Canada Pension Plan Investment Board (CPP Investments).