Catella Asset Management has bought a student residence in Sevilla for €15 million. The acquisition of this turnkey project, which will be ready in 2021, was completed through the Catella European Student Housing Fund II (CESHF II).
This is the second time that the Swedish company has bought an asset of this kind in the Spanish market. The first was the acquisition of the La Campana hall of residence in Pamplona in 2017. The CESHF II fund manages both assets.