CPPIB is investing up to €460M in Nido Living to support its acquisition of Livensa Living, expanding its presence in the European student accommodation market.

Information on the Target

Nido Living is an integrated purpose-built student accommodation (PBSA) platform that has made significant strides in the European market. Having been acquired by the Canada Pension Plan Investment Board (CPPIB) in April 2024, Nido Living is well-positioned to enhance its offerings and market presence in the rapidly evolving student housing sector.

The latest expansion involves the acquisition of Livensa Living, a prominent student housing provider operating in Iberia. This strategic move is expected to transition Nido Living into one of Europe's leading student accommodation operators, with a portfolio boasting approximately 13,000 beds.

Industry Overview in Iberia

The student accommodation industry in Iberia is gaining considerable attention, driven by an increase in student enrollments and a growing demand for quality housing solutions. As more students