Amro Partners is targeting a major expansion of its European purpose-built student housing (PBSA) business to capture early market share arising from a severe shortage of dedicated student beds, against a backdrop of rising student populations in countries such as the Netherlands, Belgium and Germany.
Well-established in Iberia since 2018 and with nine projects already completed or under development, Amro plans to announce new PBSA acquisitions in the Netherlands, Belgium and Germany in 2022.
It is currently analysing a number of acquisition opportunities ranging in size from 150 – 500 beds in cities with healthy and growing student populations.
Raj Kotecha, co-founder and managing director of Amro Partners, said: 'We are currently analysing several promising opportunities in the Netherlands, Belgium and Germany where student numbers are rising rapidly and it’s clear there’s a serious shortage of the kind of high-quality, professionally managed accommodation found in the UK. Our expansion into the Iberian PBSA market has been very successful and we are well positioned to bring our market leading operational, investment and ESG capabilities to new countries that we believe are ripe for growth.'
