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Aberdeen buys another French student housing residence

The British management company has acquired an asset of 144-appartment asset in Suresnes
La résidence The Place, située au19-21 rue Emile Duclaux, à Suresnes. (Costar)
La résidence The Place, située au19-21 rue Emile Duclaux, à Suresnes. (Costar)

Many international investors are currently showing a strong interest in residential properties managed in France, and in student housing in particular. The latest to date, the British company Aberdeen would have purchased a student residence located in Suresnes from the Cardinal Group, Business Immo has learned. According to our information, the transaction would represent an investment of €27.5 million, a price reflecting a return of around 4.5%.

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