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GSA Completes the Purchase of a New Hall of Residence in Madrid

Global Student Accommodation (GSA) has reached an agreement with Corestate to purchase the Emilia Pardo Bazán student residence in Madrid, which has more than 300 rooms.

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Global Student Accommodation (GSA) has closed the purchase of a student residence in Madrid. Specifically, GSA has acquired the Emilia Pardo Bazán complex, located in the Ciudad Universitaria area. The property has 302 rooms, both doubles and singles, for students.

The hall of residence, which opened in 2008, was owned by the German firm Corestate Capital Advisors.

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