Ardian, advised by Clifford Chance, has acquired a student housing project in Aachen, Germany, as part of its expansion in the European market.

Information on the Target

The acquisition involves a purpose-built student accommodation (PBSA) project situated in the prestigious 'Blue Gate' development in central Aachen. This project includes 300 fully furnished student apartments along with approximately 2,200 square meters of commercial space. The property is strategically located near Aachen’s central railway station and is in proximity to two major universities, making it a highly desirable living space for students.

The development emphasizes high-quality communal areas and amenities, enhancing the student living experience. The project is anticipated to be completed and handed over by summer 2026, presenting a timely investment opportunity in the growing student housing market.

Industry Overview in Germany

The student housing market in Germany has been experiencing robust growth, driven by an increasing influx of international students and a rising population of domestic stude