Vita’s European expansion begins with Vita Student Pedralbes
Renowned for delivering some of the biggest regeneration projects in purpose-built student accommodation (PBSA), Vita Group announces it will invest €350m in its European expansion programme. The Group is preparing to launch its first scheme outside of the UK – Vita Student Pedralbes in Barcelona which is expected to open in September 2022.
With construction well underway, Vita Student Pedralbes is the Group’s first residence to open in Europe. The PBSA scheme has been designed by prestigious architectural firm Batlle I Roig. The design-led building will deliver 274 student beds and will create a thriving community thanks to its amenities, which include private study and dining rooms, state-of-the-art gym, swimming pool, lounges and hub spaces.
In early 2023, Vita Student Poblenou – the Group’s second PBSA scheme in Spain – will bring a further 349 student beds to Barcelona, opening in the 22@district – another of the city’s student hotspots. Once open, Vita Group will directly employ over 50 new jobs in Barcelona, with total investment into the European expansion set to exceed €350m. The business is expected to indirectly contribute to circa 750 jobs throughout Spain, with the ambition of creating more beds to meet Barcelona’s growing demand for PBSA and ease existing pressures on the city’s housing stock …