Spanish Reit


Harrison Street, who focus exclusively on alternative real estate, is to develop a new student residence in Oviedo, the capital of Spain’s region of Asturias. The developer will be Habescon Group who have experience in the segment through their subsidiary Alta Real Estate (Alta RE). 

Located on Campus Cristo, the property, which will be called “Oviedo Aller Student Residence,” is located close to the economics, chemistry and medicine faculties at the University of Oviedo. It will include 317 modern units and top-tier amenities including shared spaces, study areas, private dining, stunning views and outdoor space. The residence is scheduled to open for the 2021-2022 academic year.
Paul Bashir, Chief Executive Officer of Harrison Street’s European business, says: “We are pleased to expand our presence in the attractive Spanish student housing market, and specifically in Oviedo, which has a growing student population and a leading institution in the University of Oviedo, not to mention the principal location to prepare for the MIR exam. We look forward to working closely with Habescon and GSA to bring much needed high-quality student accommodations in Spain and other top-tier university markets.”