Nido Living acquires Brookfield’s Livensa Living portfolio
Nido Living has signed an agreement for the acquisition of Brookfield Asset Management’s Iberian student housing portfolio Livensa Living, in a landmark transaction valued at €1.2bn. This transformative move significantly advances Nido’s strategic goal of owning and operating 25,000 beds across continental Europe by 2031.
Earlier this year, Nido announced an ambitious expansion plan which included a commitment to continue expanding in Iberia, whilst highlighting its aim to enter other key European purpose-built student accommodation (PBSA) markets.
This acquisition significantly builds on Nido’s existing Iberian presence to 3,000 beds across ten assets in Madrid, Seville, Valencia, Lisbon, and Porto – bringing its total owned European portfolio to over 13,000 bedrooms upon deal completion, currently expected in Q4 2025 …