{"id":1611,"date":"2021-07-15T09:55:15","date_gmt":"2021-07-15T07:55:15","guid":{"rendered":"https:\/\/ic-campus.com\/10-years-ic\/"},"modified":"2023-06-20T17:42:15","modified_gmt":"2023-06-20T15:42:15","slug":"10-years-ic","status":"publish","type":"post","link":"https:\/\/ic-campus.com\/en\/10-years-ic\/","title":{"rendered":"10 years International Campus"},"content":{"rendered":"<p><\/p><h3><strong>Student Housing and Micro Living pioneer International Campus celebrates 10-year anniversary with plans for further expansion<\/strong><\/h3>\n<h4><strong>- Consistent further development of Student Housing into an integrated micro living platform<\/strong><\/h4>\n<h4><strong>- Product expansion to include micro apartments for professionals<\/strong><\/h4>\n<h4><strong>- Investment focus in future on Germany, Austria, the Netherlands and other northern European countries<\/strong><\/h4>\n<h4><strong>- Target: up to 25,000 beds by 2025<\/strong><\/h4>\n<h4><strong>- EUR 400 million already invested this year<\/strong><\/h4>\n<h4><strong>- Portfolio growth to exceed EUR 1 billion<\/strong><\/h4>\n<p>\u200d<\/p>\n<p>Inter\u00adna\u00adtional Campus Group (IC Group), a pioneer in insti\u00adtu\u00adtio\u00adnally owned European Student Housing and Micro Living offerings, celebrates its tenth anniver\u00adsary with strategic growth plans for new micro living products with an invest\u00adment focus on Germany, Austria, the Nether\u00adlands and other northern European count\u00adries.<\/p>\n<p>IC Group aims to increase its current 5,800 bed count under construc\u00adtion and opera\u00adtion to up to 25,000 beds by 2025. Equity finan\u00adcing of new projects will be funded on-balance sheet, targe\u00adting a portfolio size of at least one billion euros. <\/p>\n<p>For 2021, the Company has grown its portfolio by 400 million euros through the acqui\u00adsi\u00adtion of projects in Aachen, Frank\u00adfurt, Freiburg, Hamburg and Munich. The growth is being made possible by its share\u00adholder Brook\u00adfield, which has held a majority stake in the company since 2018.<\/p>\n<figure class=\"w-richtext-figure-type-image w-richtext-align-floatright\" style=\"max-width:20%\" data-rt-type=\"image\" data-rt-align=\"floatright\" data-rt-max-width=\"20%\">\n<div><img decoding=\"async\" src=\"https:\/\/ic-campus.com\/wp-content\/uploads\/2023\/02\/60efcbab290a961992074ae6_rsz_rainer_nonnengaesser_7j0a1243_3x4-1-3.jpg\" loading=\"lazy\" width=\"auto\" height=\"auto\"><\/div><figcaption>Rainer Nonnen\u00adg\u00e4sser, Exec. Chairman<\/figcaption><\/figure>\n<p>\u200d<\/p>\n<p>Rainer Nonnen\u00adg\u00e4sser, Execu\u00adtive Chairman of IC Group: \u201cWhen we started develo\u00adping modern student apart\u00adments under the brand name \u2018THE FIZZ\u2019 ten years ago, interest from insti\u00adtu\u00adtional inves\u00adtors in Germany was nearly zero. Today, Student Housing is an important compo\u00adnent of the portfolio strategy for many inves\u00adtors. It was also the starting point for many innova\u00adtive products in the Micro Living segment, which have now estab\u00adlished themselves as profes\u00adsional asset classes. We will strate\u00adgi\u00adcally add new Micro Living concepts to the Inter\u00adna\u00adtional Campus platform in the near future, clearly focus our invest\u00adments geogra\u00adphi\u00adcally, and build our own value-add portfolio.\u201d<\/p>\n<p>\u200d<\/p>\n<h4><strong>Cushman &amp; Wakefield: High demand for Micro Living products from institutional investors<\/strong><\/h4>\n<p>Accor\u00adding to a study by Cushman &amp; Wakefield from April 2021, the transac\u00adtion volume in the Micro Living sector was around EUR 660 million in 2020. This was less than in previous years, but the global COVID pandemic and a lack of products were limiting factors. Cushman &amp; Wakefield assumes that the market for micro apart\u00adments will continue to grow and that investor interest will remain high. In the study, the experts assume that transac\u00adtion volumes will rise again in the future.<\/p>\n<p>\u200d<\/p>\n<h4><strong>Product differentiation and geographical growth<\/strong><\/h4>\n<p>As part of its product expan\u00adsion, IC Group will launch the Micro Living product \u201cHVNS\u201d (prono\u00adunced \u201chavens\u201d for harbor). The concept taps into to profes\u00adsio\u00adnals seeking uncom\u00adpli\u00adcated, turnkey living in key urban centres. With this offer, IC Group provides a solution for the lack of available smaller unit sizes and thus serves the steadily growing surplus demand in this segment. The first \u201cHVNS\u201d will open later this year in Hamburg with 214 micro apart\u00adments set to be occupied in October.<\/p>\n<p>Currently, a total of over 5,800 apart\u00adments are in opera\u00adtion and under construc\u00adtion in Germany, the Nether\u00adlands, Austria and the Czech Republic. Growth to up to 25,000 beds is planned by 2025. <\/p>\n<figure class=\"w-richtext-figure-type-image w-richtext-align-floatleft\" style=\"max-width:20%\" data-rt-type=\"image\" data-rt-align=\"floatleft\" data-rt-max-width=\"20%\">\n<div><img decoding=\"async\" src=\"https:\/\/ic-campus.com\/wp-content\/uploads\/2023\/02\/60efcbf001409e36d10bba51_Gawain-Smart-3.jpg\" loading=\"lazy\" width=\"auto\" height=\"auto\"><\/div><figcaption>Gawain Smart, CEO<\/figcaption><\/figure>\n<p>\u200d<\/p>\n<p>Gawain Smart, CEO of IC Group, adds: \u201cWhen it comes to provi\u00adding adequate housing options for students and profes\u00adsio\u00adnals, the markets relevant to us are behind the UK and North America. This forces many into less than optimal co-living experi\u00adences, and we want to close this gap with a supply that meets this need. But we also provide our inves\u00adtors with the stable and predic\u00adtable income prospects found in residen\u00adtial markets today.\u201d<\/p>\n<p>\u200d<\/p>\n<p>\u200d<\/p>\n<p>\u200d<\/p>\n<p>\u200d<\/p>\n<p>\u200d<\/p>\n<p>\u200d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inter\u00adna\u00adtional Campus Group (IC Group), a pioneer in insti\u00adtu\u00adtio\u00adnally owned European student housing and micro living offerings, celebrates its tenth anniver\u00adsary with strategic growth plans for new micro living products with an invest\u00adment focus on Germany, Austria, the Nether\u00adlands and other northern European count\u00adries.<\/p>\n","protected":false},"author":1,"featured_media":514,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-1611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/posts\/1611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/comments?post=1611"}],"version-history":[{"count":0,"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/posts\/1611\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/media\/514"}],"wp:attachment":[{"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/media?parent=1611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/categories?post=1611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/tags?post=1611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}