Apeiron Capital has launched a £300m (€331m) student-housing platform in the UK.
The private company said it also bought its first asset in London, a 100-bed property with potential for development in Stratford.
The building, managed by the Mansion Group, is let to Goldsmiths, University of London, which has two years left on its existing lease.
Apeiron paid £10.35m for the property.
Vojkan Brankovic, managing partner at Apeiron Capital, said: “The student-housing market has performed well in recent years, and strategically located assets – particularly those with potential for renovation – continue to offer attractive returns for investors.
“The relatively opportunistic yield, coupled with the potential for further rent maximisation and development, will allow Apeiron Capital to employ its strong asset management expertise to drive returns on behalf of its investors.”
In Germany, Apeiron and its local partner, Kauri CAB Management, are looking to invest up to €1bn in the country’s residential sector.
Brankovic said the two companies had backing from Middle Eastern and Asian institutional investors, as well as large family offices.