Amro’s Iberian PBSA portfolio hits multiple project milestones
Amro Partners has achieved several project milestones this summer as it continues the expansion of its Iberian purpose-built student accommodation (PBSA) portfolio, which was announced earlier this year.
The portfolio will be the best-rated set of assets from an ESG/sustainability perspective within the European living sector. Amro has secured BREEAM Outstanding, Fitwell 3* and WiredScore Platinum ratings on its development projects in Seville, Valencia, Pampolona and Madrid, which are to open in 2022 and 2023, with further projects under development in Lisbon and Salamanca targeting the same credentials.
The development of Amro Seville, a 339-bed, sustainability-leading student housing project in the heart of the city’s university hub, is now complete. Leasing for the first operational year is progressing significantly ahead of target. The EPC ‘A’ rated asset will produce operational emissions of just 11.2kg CO2 / sqm per year, achieving a 75% improvement in efficiency standards compared to the current market standard, and a 12% improvement over the challenging RIBA 2025 target.