Parties
Company
Canada Pension Plan Investment Board (CPP Investments)
Company
Round Hill Capital
Canada Pension Plan Investment Board (CPP Investments) acquired Round Hill Capital's stake in Round Hill European Student Accommodation Partnership and fully acquired Nido Living, investing up to $40 million. The new platform, operating as Nido, aims to expand its portfolio of over 5,000 beds across Europe, focusing on high-quality, affordable student accommodation. With this investment, CPP Investments will enhance its real estate portfolio, targeting growth in markets like Germany, Italy, and Spain. Nido, recognized for its quality service and awarded 'International Operator of the Year' in 2023, aligns with CPP Investments' strategy for delivering strong returns while catering to the growing European student housing demand.
Deal Type
Merger & AcquisitionIndustry
OtherTransaction
$ 40,000,000Deal Status
ActiveClosing Date