Campus comprises 16,500 sq m (178,000 sq ft) of student accommodation across 390 residential units (337 one-beds and 53 two-bed units) and benefits from state-of-the-art amenities including a cinema, a gym, a ground floor-café, a large-internal courtyard, rooftop terraces 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. The asset also benefits from flexible zoning allowing lease up to students and/or the private rental market.
The European Cities strategy has diversified its portfolio by acquiring Campus which is a high-quality and ideally located housing asset. As the strategy's first investment into the housing sector, Campus offers 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.