European real estate investment manager RoundShield Partners has appointed Drazen Visnjevac as a director within the investment team.
In his new role, Visnjevac will focus on the origination, underwriting and execution of purpose-built student accommodation (PBSA) investments across Western Europe and the UK, sourcing off-market opportunities.
Visnjevac brings eight years of experience in PBSA transactions across Europe and the UK, having managed €750 mln of PBSA transactions involving over 6,000 beds across Europe.
He spent five years at real estate investment manager Round Hill Capital, rising to senior vice president of investments. Previously, he was an investment associate at The Social Hub (formerly The Student Hotel). He holds an MBA from HEC Paris.
Max Leeb, general partner at RoundShield Partners, said: 'We are delighted to welcome Drazen to our team. Given the stark supply-demand imbalances we see across large parts of Europe within the PBSA sector, we expect to continue to deploy significant capital in the space.
'We are confident that we will be able to leverage Drazen’s experience and track record to continue sourcing and executing on highly attractive opportunities across Western Europe and the UK.'
RoundShield has raised over $4 bn (€3.68 bn) of equity across its real estate and asset-backed credit strategies. The firm has invested in over €1.5 bn of high-quality PBSA assets with pan-European exposure in the UK, Spain and Germany.
