Xior Student Housing acquires campus in Leiden
Xior Student Housing NV has purchased the Campus Verbeekstraat student complex in Leiden. The student campus, which consists of 134 independent units, is near to the Leiden Bio Science Park. The vendor is Reggestaete Maarssen BV, part of the Reggeborgh Group.
Campus Verbeekstraat has 134 independent furnished units (complete with floor coverings and curtains) in Leiden, at Verbeekstraat and Plesmanlaan. The campus has two communal roof terraces, a common meeting area, a laundry, clothes drying facilities, and two lockable bicycle shelters. In addition, there are 107 parking facilities and 42 external storage units. In 2016, the complex was renovated and converted into residences with amenities for students. It has been fully let.
Christian Teunissen, CEO of Xior explains that “For Xior, the acquisition of this renewed and fully leased student complex is a great addition to its existing portfolio. The company can use it to further expand the range of accommodation it offers to students in Leiden, a city that is as vibrant as it is historic”.
Also CBRE, who acted on behalf of the seller, is pleased with the transaction. Robbert Arkenbout, Associate Director Capital Markets: "This transaction shows that the Dutch market for student housing offers great opportunities. More and more students are looking for high-quality student accommodation, making it an attractive market for professional investors in residential real estate from the Netherlands and abroad."
The building is situated in a prime location, opposite the prestigious Leiden Bio Science Park, where the University, the Leiden University of Applied Sciences and various other institutions are located. There are bus stops right next to Campus Verbeekstraat, and the site is within cycling distance of Leiden Central Station.
CBRE advised Reggestaete Maarssen BV concerning this transaction. Legal advice was provided by Lexence.Van Doorne provided legal advice to the buyer.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers from more than 450 offices (excluding affiliates) worldwide. CBRE offers strategic advice and guidance in property sales and leasing; corporate services; property, facilities and project management; appraisal and valuation; development services; investment management; and research and consulting. Please visit our websites at www.cbre.nl and www.cbre.com.