Savills plc's Nido Living Acquires Livensa Living Portfolio in €1.2 Billion Deal to Expand European Student Housing Presence

Reuters

06-20

Savills plc's Nido Living Acquires Livensa Living Portfolio in €1.2 Billion Deal to Expand European Student Housing Presence

Nido Living, a specialist in student-led accommodation, has announced the acquisition of Brookfield Asset Management's Iberian student housing portfolio, Livensa Living, in a landmark transaction valued at €1.2 billion. This acquisition significantly advances Nido's strategic goal of owning and operating 25,000 beds across continental Europe by 2031. The deal, expected to be completed by Q4 2025, adds approximately 9,000 beds across 20 operational properties and two under development in key university cities in Spain and Portugal, bringing Nido's total European portfolio to over 13,000 beds. CEO Carlo Matta highlighted the move as a significant step towards becoming the largest student accommodation provider in continental Europe.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Savills plc published the original content used to generate this news brief on June 19, 2025, and is solely responsible for the information contained therein.

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