International Campus is targeting an IRR of 14% for its new student housing fund in Germany.
International Campus is targeting an IRR of 14% for its new student housing fund in Germany.
‘This is possible due to the excellent financing conditions here, as well as stable rents,’ Horst Lieder, CEO of International Campus, told PropertyEU.
Last week, International Campus announced it has launched a new student housing fund for institutional investors with the aim of building up a €800 mln portfolio in Germany.
The Munich-based student digs operator has raised €50 mln for the Luxembourg-registered fund in its first closing, and is targeting total equity of €250 mln.
