- Opportunity for specialist student accommodation managers to expand portfolios in Europe (Savills)
- Collegiate AC announce first European residence in Lisbon, Portugal that serves as an idyllic landscape for thousands of students every year
- Collegiate Conde Lisboa will be part of Collegiate AC’s Prestige Collection with residents benefitting from a private fitness suite, a 24 hour concierge service, on-site cinema and even a swimming pool (Collegiate AC)
According to Savills World Student Housing Report 2016/17 the PBSA sector in mainland Europe is growing significantly. It highlights that ‘for a globally mobile student population, secure, well managed, quality accommodation from a trusted provider has strong appeal to those unfamiliar with local housing markets.’
However, an absence of specialist student accommodation managers is holding the sector back, creating an opportunity for existing operators to expand their portfolios on the continent. And one potential market, desperate for development, is Portugal with its capital city as a prime candidate.
Naming Lisbon in the top three student cities in Portugal, the Savills report emphasised that the country’s student housing sector is still relatively undeveloped with major universities only providing a small amount of their own accommodation.
After successful expansion across the UK, and keen to lead an exciting era of development in Lisbon’s student accommodation market, Collegiate AC have announced their first European project. Collegiate Conde Lisboa will be part of Collegiate AC’s Prestige Collection with residents benefitting from a private fitness suite and swimming pool, a 24 hour concierge service and an on-site cinema.
Confident in the growing PBSA market throughout Mainland Europe and passionate about answering the increasing demand for student housing in Lisbon, Collegiate AC are delighted to launch this first-class property in the city.
Heriberto Cuanalo, CEO of luxury student accommodation provider Collegiate AC, is excited to be welcoming students to the new residence this September. He comments,
“Lisbon has a unique beauty and internationally acclaimed architecture that serves as an idyllic landscape for thousands of students every year. The Universidade de Lisboa is one of the major institutions of Higher Education in Europe and one of the leading universities in the country.
“Collegiate Conde Lisboa will provide domestic and international students with a unique living experience, enabling them to make the most of their university careers both studiously and socially. The lifestyle-led apartments and social spaces have been carefully designed to create an environment where students can feel safe and looked after.”
In keeping with Collegiate AC’s commitment to ‘Superior Living’, the Collegiate Conde Lisboa will provide students with high speed broadband and Wi-Fi throughout the property, as well as an exclusive club lounge, well designed private and group study areas and even a stylish dinner party room.
For more information, contact Collegiate on +44 1235 250 140 or visit www.collegiate-ac.com.