Currently under development, Campus will comprise c. 16,500 sq m (178,000 sq ft) of student accommodation across 390 residential units (337 one-bed and 53 two-bed units) and will benefit from state-of-the-art amenities including a cinema, gym/fitness facilities, ground-floor café, a large internal courtyard, rooftop terraces, communal kitchen and study areas. Located in Islands Brygge, Campus is in close proximity to all basic needs (grocery and shopping stores, universities, fitness centre) and nearby leisure activities including the harbour promenade and Amager Faelled Park. The asset has excellent public transportation links with Kgs. Nytorv (city centre) accessible within three minutes by metro and the whole of central Copenhagen can be accessed within 10 minutes. Operationally, being located adjacent to the University of Copenhagen’s largest campus (15,000 students) in addition to the IT University of Copenhagen (2,500 students), the asset is well positioned to benefit from this local catchment.
Upon its completion, Campus offers an exciting opportunity for our European Cities strategy to diversify its portfolio by committing to a high-quality and ideally located housing asset. For the strategy's first investment into the housing sector, we chose a project that offered an excellent location as well as strong tenant demand. The Nordics has high levels of the population entering higher education, while the availability of private student accommodation is constrained, particularly for a property with this standard of specification.