TPG and Round Hill extend European student housing activities into Germany

TPG Real Estate Partners and Round Hill Capital have teamed up for the second time to invest in European student housing, acquiring 13 assets in Germany.

The real estate investment firms have created a new joint venture to acquire the student housing portfolio from Deutsche Real Estate Funds.

In November last year, TPG and Round Hill announced a joint venture to invest in student housing in Portugal.
The latest acquisition involves approximately 2,100 student accommodation units in nine German cities, including Berlin, Bremen and Stuttgart.