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Valeo Groupe Europe's 2018 in review

Highlights for the student housing specialists included developments in the UK, Spain and Ireland

Posted by Julian Owen | January 07, 2019 | Supplier News

In early 2018, Valeo Groupe Europe - via one of its affiliated entities - acquired Urban Student Life Ltd (USL), a specialist student management and development company with 3,000 beds under its management. This acquisition also included the operation and management of two student-facing brands – LIVStudent and Urban Student Life - under the Valeo Groupe Europe name. 

Further highlights of 2018 included:

 - IVStudent  opening its first European development in Dublin

 - The company broke ground on its 586 bed LIVStudent  property in Sheffield, on schedule to open for the 2019 academic year

 - Valeo Groupe Europe and advisors closed its first Iberian fund with Bankinter - one of the largest banks in Spain - and Plenium Partners. The fund has acquired its first piece of land in Granada and plans to commit its capital during the first half of 2019

"We are proud of our team and could not have better partners in Spain as we grow our footprint on the Iberian Peninsula," said Ted W. Rollins, chairman of Valeo Groupe and Vale Groupe Europe. The company will continue its expansion in the Iberian market, through the development, construction, execution and management of residential assets for students in several cities. 

"Valeo Partners has been in a major expansion mode," continued Rollins. "With our dedicated teams, their unwavering commitment to our communities, our customer experience and the environment, we will continue to achieve great things. I am humbled by their commitment and the help we receive from everyone on a daily basis."

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