Commerz Real has acquired the “One Sevilla” student housing complex in the capital of Andalusia in southern Spain for its Commerz Real Institutional Smart Living Europe Fund. The seller is a private individual who does not want to be named. The purchase price was also not disclosed. “The acquisition is part of a current optimisation of our fund portfolio,” explains Kerstin Struckmann, Global Head of Product Management Professional Clients at Commerz Real. As part of this, Commerz Real acquired the Swuite residential complex in Dublin in November 2025 and sold the “Pallars” complex in Barcelona in January 2026. In addition to Dublin and Seville, the portfolio now includes two other facilities in Vienna and Frankfurt am Main.
“One Sevilla” was completed in 2021 and has 249 beds in single and double rooms, each with its own bathroom and kitchenette. In addition, the residents have access to learning rooms, a fitness area as well as recreation and leisure areas. There is also a cafeteria and outdoor areas with a terrace and pool. A laundry service is also offered. The occupancy rate during the semesters is currently around 94 percent.
“Seville is an attractive market for investment in student housing with a latent excess of demand,” explains Struckmann. According to an analysis by the real estate consulting firm Savills, there is only a special housing offer for every tenth student. Moreover, the new construction pipeline is smaller than in any other of Spain’s eleven most important university cities. In addition, the number of students at the city’s universities, including the Universidad de Sevilla, the Universidad Pablo de Olavide and private universities, is expected to continue to grow, according to relevant forecasts. In 2025, there were a total of about 87,700. The “One Sevilla” complex is located in the south on Calle Páez de Rivera, in the immediate vicinity of the Reina Mercedes Campus of the University of Seville.
Commerz Real was advised on the transaction by Savills.
www.onesevilla.com/en/
