Round Hill Capital's ERIF II fund invests €25 million in two residential properties in Spain, enhancing its portfolio amid growing rental demand.

Target Information

Round Hill Capital, a prominent global real estate investment firm, has bolstered its European Residential Income Fund II (ERIF II) with the acquisition of two newly developed residential-for-rent properties located in Guadalajara and Seville, Spain. This strategic acquisition represents an investment of approximately €25 million, contributing to a total deployment of around €125 million by ERIF II in 2025. Following this acquisition, ERIF II now comprises a portfolio of approximately 3,400 units across key European markets including Denmark, Germany, Ireland, Spain, the Netherlands, and Finland.

The first asset acquired features 66 apartments with options for one, two, and three bedrooms, strategically situated in the well-connected Bellavista neighborhood, located under 10 kilometers from Seville's city center. As Spain's fourth-largest city, Seville has a population exceeding 1.5 million, and its residential rental market is witnessing a consistent rise in demand, spurred by homeownership affordability challenges, resulting in an annual rental growth rate of 5%.

The second property encompasses 57 apartments, predominantly comprising two and three-bedroom units, located within the Las Cañas neighborhood of Guadalajara, which forms part of the Madrid metropolitan area. Known for its strategic placement within the Corredo