Summary:
- GSA and Cain have formed a joint venture to develop Prenestino, a purpose-built student accommodation (PBSA) scheme in Rome, marking Cain’s first investment in Italy and advancing GSA’s development-led strategy in one of Europe’s most undersupplied PBSA markets.
- Prenestino will set a new standard for student living in Rome, featuring community-driven design, market-leading sustainability targets including LEED certification and CRREM alignment, and excellent connectivity to major universities via a new tram line.
- Construction is set to begin imminently with completion targeted for the 2028/29 academic year; the scheme will be operated by Yugo, GSA’s global partner, while Cheyne Capital provides debt financing and leading advisors support both GSA and Cain.
Original article:
https://www.gsagroup.com/media/news/gsa-and-cain-partner-landmark-rome-student-accommodation-scheme/
