Commerz Real buys student housing complex in Seville for special real estate fund

"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/