EQT Exeter has announced that the EQT Real Estate II fund has launched a joint venture with Grupo Moraval, a Spanish developer with a 30% market share of the purpose-built student accommodation facilities that have been or are being developed in Spain between 2020 and 2022. The joint venture seeks to have an initial investment capacity valued at over €300m and has aims to grow the portfolio to a value in excess of €500m.
EQT Exeter and Grupo Moraval Form €500m JV For Spanish Student Housing Development
Partnership Marks EQT Exeter’s First Foray into Spain
By Sharon Smyth
CoStar News
May 24, 2021 | 10:27 AM
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