Summary:
- Madison International Realty has acquired a significant minority stake in Home & Co, joining existing majority owner TPG Real Estate Partners to support the expansion of Home & Co’s student housing platform across Germany, where it operates 19 purpose-built locations with over 3,500 beds in key university cities.
- Since its 2019 launch, Home & Co has grown rapidly by adding nearly 1,000 beds across four new sites and entering two new German markets, maintaining high occupancy and resident retention while integrating operations onto its in-house platform amid strong demand exceeding supply in Germany’s student housing sector.
- The partnership aims to accelerate Home & Co’s growth trajectory by enhancing its portfolio, pursuing further expansion in German university cities, and advancing its ESG strategy, leveraging Madison’s capital and sector expertise alongside TPG’s majority ownership and management control.
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