Post by account_disabled on Mar 13, 2024 3:57:27 GMT -5
The Valencian firm White Investing RE is preparing its first student residence project in Cádiz. A property that will have capacity for 136 students and whose construction is in the bidding process. According to the company, the works will last about two years and its delivery is scheduled for June 2025.
This new student residence will be operated by The Boost Society, owned by AXA Group, and which has also taken ownership of the building , and is part of the White Investing Strategic Plan for the period 2023-2025, largely focused on in the “living” segment; that is, in residences, 'build to rent', 'senior living' and 'coliving' projects.
“Until 2018, our main field was the Phone Lead residential sector, but from that year on we opened up to the health and living sector because we saw that they were two segments that had a demand with a deficit in supply,” says José Solero, CEO of White Investing. Since its inception, the Valencian company has developed projects with a business volume of 129.8 million euros.
The project for this new student residence in Cádiz has already obtained the construction license and is in the process of obtaining the culture license. The objective is for it to have the BREEAM sustainable construction certificate, with a “Very Good” rating.
As published by El Diario de Cádiz , the residence will be located at the confluence of Felipe Abarzuza Street and Simón Bolívar Glorieta, on the site left after the demolition of the former Salus Infirmorum Nursing School and which is located in the heart from the city's university campus. It will have almost 1,000 m2 of surface area, between interior and exterior, and will have a swimming pool on the roof.
After this purchase, The Boost Society plans to continue expanding throughout Spain and assures that "numerous conversations are already underway to establish ourselves in the main Spanish student cities (Madrid, Barcelona, Seville, Málaga, Valencia, Bilbao, Zaragoza, Alicante) . In each one of these cities, we want our student residences, through the quality of their accommodation, common areas and services, to contribute to the well-being of young people and, therefore, to the development of universities," explains Jean-Baptiste Mortier, CEO The Boost Society.
This new student residence will be operated by The Boost Society, owned by AXA Group, and which has also taken ownership of the building , and is part of the White Investing Strategic Plan for the period 2023-2025, largely focused on in the “living” segment; that is, in residences, 'build to rent', 'senior living' and 'coliving' projects.
“Until 2018, our main field was the Phone Lead residential sector, but from that year on we opened up to the health and living sector because we saw that they were two segments that had a demand with a deficit in supply,” says José Solero, CEO of White Investing. Since its inception, the Valencian company has developed projects with a business volume of 129.8 million euros.
The project for this new student residence in Cádiz has already obtained the construction license and is in the process of obtaining the culture license. The objective is for it to have the BREEAM sustainable construction certificate, with a “Very Good” rating.
As published by El Diario de Cádiz , the residence will be located at the confluence of Felipe Abarzuza Street and Simón Bolívar Glorieta, on the site left after the demolition of the former Salus Infirmorum Nursing School and which is located in the heart from the city's university campus. It will have almost 1,000 m2 of surface area, between interior and exterior, and will have a swimming pool on the roof.
After this purchase, The Boost Society plans to continue expanding throughout Spain and assures that "numerous conversations are already underway to establish ourselves in the main Spanish student cities (Madrid, Barcelona, Seville, Málaga, Valencia, Bilbao, Zaragoza, Alicante) . In each one of these cities, we want our student residences, through the quality of their accommodation, common areas and services, to contribute to the well-being of young people and, therefore, to the development of universities," explains Jean-Baptiste Mortier, CEO The Boost Society.