Collegiate AC is seeking to raise up to £2bn (€2.33bn) to help expand its student accommodation portfolio across Europe.
The £2bn asset manager, which currently manages more than 20 developments across the UK, Spain and Portugal, plans to use the new capital from strategic investors to expand into new and existing territories, it said.
The company’s schemes are usually between €35m to €100m in gross development value.
Collegiate said it sees “unprecedented demand” for its student accommodation and as part of its growth strategy, the company is also actively seeking acquisition opportunities of standing and cash generating assets.
Eri Cuanalo, CEO of Collegiate AC, said: “We’re experiencing an unprecedented demand for high-quality student accommodation across Europe and are now actively seeking strategic investment partners to capitalise on this by extending our high performing portfolio.
“We have opportunities for a wide range of investors from across the risk spectrum looking for exposure to the purpose-built student accommodation market.”