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a few weeks ago the winter term 2013/14 started. In the past year alone, there were 2.5 million students in German universities – and the numbers are increasing. The research consultancy bulwiengesa estimates that by 2015 there will be about 2.8 million students.
Aiming to further develop its platform for student accommodation, International Campus AG, the Munich specialist for developing and operating modern student residences, has incorporated in Luxembourg International Campus Student Housing I S.C.A. (the “Fund”) for professional investors.
For almost 87 percent of the university locations in Germany with over 8,000 students, there is further demand in the segment of high quality single apartments alone.
International Campus AG is creating a student residence in Frankfurt am Main. Following extensive renovation and redevelopment measures, a vacant office building at Mainzer Landstrasse 323 will house about 390 new student apartments.
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