Ardian and Rockfield Acquire Sustainable Student Accommodation in Bologna

Ardian, a premier private investment firm, alongside Rockfield Real Estate, an integrated living platform, has successfully completed an acquisition in Bologna, Italy, as part of their strategy to expand their pan-European student accommodation portfolio. The new property, Laude Living Bologna, is a state-of-the-art, sustainable student housing asset located conveniently near Bologna's central station and university district. Boasting a LEED Gold certification, the property spans 16 floors with over 500 beds and an array of amenities tailored to modern student needs. The acquisition represents the third property under Ardian and Rockfield’s strategy focusing on major European university cities, supported by an 800 million euro investment pipeline. Italy's burgeoning student accommodation sector, marked by rising international student numbers and a lagging supply, presents lucrative opportunities. This venture aligns with Ardian’s vision of creating a portfolio of innovative, sustainable student residences. The strategy also focuses on geographic diversification across Europe, aiming to yield stable returns and capital appreciation through top-tier living standards. The initiative is part of an ongoing collaboration with CBRE Investment Management, enhancing their foothold in emerging and established markets.