RUBIK Properties is pleased to have assisted PATRIZIA in their acquitistion of a EUR 314 million student accommodation portfolio in Denmark.

The 40,500 sq m portfolio consists of purpose-built student accommodation (PBSA) assets in Copenhagen and Aarhus, comprising a total of 1,186 units, and additional commercial space of around 3,800 sq m, of which the vast majority is fully let.

All assets in the portfolio, which operate under the Blaekhus brand, are newly built or under development with the majority of them set to be completed in 2022. Each benefit from a strong micro location, giving residents easy access to universities and local amenities. Units are self-contained with a modern fit-out suitable for student living. Each property offers health and wellness-focused amenities such as communal kitchens, yoga studios and study rooms, as well as dedicated social spaces in the form of common rooms, cafes and games rooms.

Thanks to Bruun Hjejle, KHR and EY for buy-side advise and obviously PATRIZIA for their trust and pleasant cooperation.

[RUBIK Properties – an operating partner for international investors]