{"id":1691,"date":"2022-02-28T09:55:34","date_gmt":"2022-02-28T08:55:34","guid":{"rendered":"https:\/\/ic-campus.com\/investments-of-670-million-euros\/"},"modified":"2023-06-20T17:42:14","modified_gmt":"2023-06-20T15:42:14","slug":"investments-of-670-million-euros","status":"publish","type":"post","link":"https:\/\/ic-campus.com\/en\/investments-of-670-million-euros\/","title":{"rendered":"Investments of 670 million euros"},"content":{"rendered":"<p><\/p><h3>International Campus acquires 670 million euros worth of assets in 2021 and continues to source new locations for 2022<\/h3>\n<p>\u200d<\/p>\n<ul>\n<li>Six acqui\u00adsi\u00adtions in 2021 with a cumula\u00adtive invest\u00adment volume of 670 million euros<\/li>\n<li>Five new schemes up and running<\/li>\n<li>First location of the new HVNS brand for working profes\u00adsio\u00adnals opened<\/li>\n<li>500 million euros of acqui\u00adsi\u00adtion volume planned for 2022<\/li>\n<\/ul>\n<p>\u200d<\/p>\n<p>Inter\u00adna\u00adtional Campus (\u201cIC\u201d), a leading investor, developer and operator of concepts for student and urban living in Europe, has expanded its portfolio to 13 assets in 2021. Of these, six proper\u00adties are already in opera\u00adtion and the remai\u00adning seven proper\u00adties are under develo\u00adp\u00adment or in construc\u00adtion. As a result, the company has taken a big step closer to its goal of incre\u00adasing the size of its portfolio to over one billion euros. In the past year, Inter\u00adna\u00adtional Campus acquired a total of six develo\u00adp\u00adment projects, one each in the German cities of Berlin, Freiburg, Hamburg (two schemes), Ludwigshafen\/Mannheim and in the Dutch city of Leiden. In addition, five proper\u00adties assumed opera\u00adtion in Aachen, Freiburg, Hamburg, Munich and Utrecht, respec\u00adtively, while the first location of the new HVNS residen\u00adtial brand for working profes\u00adsio\u00adnals opened for business in Hamburg. With THE FIZZ in Utrecht, Inter\u00adna\u00adtional Campus opened its first scheme in the Nether\u00adlands.<\/p>\n<p>\u200d<\/p>\n<figure class=\"w-richtext-figure-type-image w-richtext-align-fullwidth\" style=\"max-width:1367px\" data-rt-type=\"image\" data-rt-align=\"fullwidth\" data-rt-max-width=\"1367px\">\n<div><img decoding=\"async\" src=\"https:\/\/ic-campus.com\/wp-content\/uploads\/2023\/02\/621cadc94af4ec537094b615_2022-02-670-mio-investitionen.jpg\" loading=\"lazy\" width=\"auto\" height=\"auto\"><\/div><figcaption>THE FIZZ in Utrecht, Nether\u00adlands \u00a9 IC<\/figcaption><\/figure>\n<p>\u200d<\/p>\n<p>\u201cThe six acqui\u00adsi\u00adtions with an invest\u00adment volume of around 670 million euros in 2021 illus\u00adtrate how wide the spectrum is of eligible invest\u00adments for Inter\u00adna\u00adtional Campus: We typically develop and build ourselves or alter\u00adna\u00adtively purchase projects from develo\u00adpers via forward deals. We will look at nearly completed or opera\u00adtional schemes for urban living and run a portfolio check. Rather than limiting our reach to big cities, we also like smaller cities with thriving univer\u00adsi\u00adties for our student living format,\u201d said Rainer Nonnen\u00adg\u00e4sser, Execu\u00adtive Chairman of IC. \u201cOne area we are incre\u00adasingly interested in is the integra\u00adtion into neigh\u00adbour\u00adhood develo\u00adp\u00adments. A case study is the new scheme in Ludwigs\u00adhafen, which will be part of the planned Ludwigs-Quartier. We also review older office buildings that no longer meet today\u2019s user requi\u00adre\u00adments or ESG criteria in terms of conver\u00adsion poten\u00adtial.\u201d<\/p>\n<p>\u200d<\/p>\n<p>Michael Stapf, Chief Invest\u00adment Officer of IC, added: \u201cInter\u00adna\u00adtional Campus invests on its own balance sheet to keep growing. Out of the sum total of 1.3 billion euros worth of proper\u00adties that changed hands on Germany\u2019s student housing and micro-apart\u00adment market last year, Inter\u00adna\u00adtional Campus secured assets in a value of c. 600 million euros. In 2022, we want to invest a further 500 million euros in new proper\u00adties and develo\u00adp\u00adments for both of our brands, THE FIZZ and HVNS. In the Nether\u00adlands alone, we have around 1,500 additional residen\u00adtial units in the pipeline. We will continue to look for suitable projects in Germany, the Nether\u00adlands, Austria and the Czech Republic. After acqui\u00adring 2,900 beds in 2021, our goal is to add 2,500 to 3,000 beds annually to our portfolio over the coming years.\u201d<\/p>\n<p>\u200d<\/p>\n<p>\u201cWe started off 2021 by going live with our first property under the new HVNS brand in Hamburg, effec\u00adtively moving into another segment of the urban housing market. This is a residen\u00adtial format relatively new in Germany but common and growing in the UK and US markets and in the Nether\u00adlands,\u201d noted Gawain Smart, CEO of IC. \u201cOur living and service concept HVNS is aimed at the major Dutch and German metro\u00adpo\u00adlises with strong labour market mobility and a strong demand for comfor\u00adtable, furnished and fully equipped residen\u00adtial accom\u00admo\u00adda\u00adtion.\u201d <\/p>\n<p>\u200d<\/p>\n<p>Inter\u00adna\u00adtional Campus is helping to meet the enormous demand for apart\u00adments through its rapid expan\u00adsion. Student accom\u00admo\u00adda\u00adtion is in short supply in most campus towns. \u201cOver the past 20 years, the number of full-time students in Germany has gone up steadily, by more than 50 percent in the years since 2008 alone. The number of working profes\u00adsio\u00adnals looking for a pragmatic tempo\u00adrary place to stay is also growing steadily,\u201d added Rainer Nonnen\u00adg\u00e4sser. <\/p>\n<p>\u200d<\/p>\n<p>The fact is reflected not least on the transac\u00adtions market for student flats and micro-apart\u00adments in Germany, as it grew by 111 percent to 1.3 billion euros between 2020 and 2021, accor\u00adding to CBRE, and thereby recovered from the \u201cCovid-19 shock.\u201d CBRE also reported that Germany\u2019s \u201cBig Seven\u201d cities accounted for 60 percent of the transac\u00adtion volume, with prime yields dropping to around 3.4 percent.<\/p>\n<p>\u200d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IC has expanded its portfolio to 13 assets in 2021. Of these, six proper\u00adties are already in opera\u00adtion and the remai\u00adning seven proper\u00adties are under develo\u00adp\u00adment or in construc\u00adtion. As a result, the company has taken a big step closer to its goal of incre\u00adasing the size of its portfolio to over one billion euros.<\/p>\n","protected":false},"author":1,"featured_media":1174,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-1691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/posts\/1691","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=1691"}],"version-history":[{"count":0,"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/posts\/1691\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/media\/1174"}],"wp:attachment":[{"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/media?parent=1691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/categories?post=1691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-campus.com\/en\/wp-json\/wp\/v2\/tags?post=1691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}