Patrizia picks up EUR314 million Danish student digs portfolio
German property firm Patrizia has emerged as the buyer of a large EUR314 million student accommodation portfolio in Denmark from European private equity real estate investor Deutsche Finance International (DFI), acting on behalf of DFI’s inaugural fund, DFI Value-Add Fund I (DFI EVAF). The 40,500 m2 portfolio known as Blækhus was established by DFI in 2018 with the intention of creating the leading Danish student accommodation brand. It consists of purpose-built student accommodation (PBSA) assets in Copenhagen and Aarhus, comprising...