Nido Living Boosts Iberian Market Presence with €1.2 Billion Acquisition
Deal News | Jun 20, 2025 | Iberian Lawyer
Clifford Chance has played a pivotal role in advising Nido Living, a European student accommodation platform, on a significant transaction involving the acquisition of the Brookfield-owned Livensa Group. The deal, valued at approximately €1.2 billion, is set to solidify Nido's presence in the Iberian market. This strategic move aligns with Nido's broader ambition to expand its portfolio to 25,000 beds across continental Europe by 2031. The law firm, Clifford Chance, engaged a multidisciplinary team from its offices in Madrid, Amsterdam, and London, led by Real Estate partner Carlos Portocarrero. The team also included experts in financing, anti-trust, insurance, and compliance to cover various facets of the deal, which is anticipated to be one of the most consequential real estate transactions in Spain by 2025.
Sectors
- Real Estate
- Legal Services
Geography
- Spain – The acquisition impacts the Spanish real estate market, with a specific focus on student housing.
- Europe – Nido Living's acquisition supports its broader European strategy to increase its continental presence.
Industry
- Real Estate – The acquisition by Nido Living of Livensa Group, a student housing entity, directly involves the real estate sector.
- Legal Services – The advisory role played by Clifford Chance highlights the involvement of the legal services sector in the transaction.
Financials
- €1.2 billion – The acquisition value of Livensa Group by Nido Living.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Nido Living | Acquirer | Company | A European platform specializing in student accommodation. |
| Livensa Group | Target Company | Company | A student housing entity owned by Brookfield, involved in the transaction. |
| Brookfield | Vendor | Company | The selling company that owned Livensa Group. |
| Clifford Chance | Legal Advisor | Company | The law firm advising Nido Living on the acquisition. |