Summary:
- Yugo has secured a long-term agreement with Italian developer Zanklon Capital to operate three new purpose-built student accommodation residences in Messina, Sicily, delivering 1,836 beds for the 2029/30 academic year and expanding Yugo’s Italian portfolio to over 5,500 beds across eight cities.
- The residences, predominantly self-contained studios with private kitchens, will feature nearly 9,000 square metres of communal space including study areas, fitness facilities, social zones, and outdoor amenities, reflecting Yugo’s research-led design approach focused on student wellbeing and community.
- This partnership marks one of Yugo’s largest strategic European collaborations and strengthens its leadership in Italy’s undersupplied PBSA market, while Zanklon Capital aims to enhance Messina’s position as a high-quality student accommodation hub with potential ties to the University of Messina.
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