Amsterdam/Paris, 21st of July 2025 – Rockfield Real Estate and Ardian have jointly acquired the Nido portfolio, consisting of 1,209 student residences in Leiden and Maastricht. This strategic acquisition is part of their pan-European strategy for Purpose-Built Student Accommodation (PBSA) and marks one of the largest transactions in this sector in the Netherlands based on gross property value.
Two locations, one vision: affordable, sustainable and future-oriented student housing
The Muse in Maastricht and More in Leiden are recently completed sustainable student housing projects in markets with a significant shortage of suitable accommodation. Both buildings comply with the CRREM guidelines for 2050 and offer affordable, high-quality living space. Following the acquisition of Minervahaven in Amsterdam earlier this year, Ardian and Rockfield’s Dutch portfolio now comprises more than 1,800 residential units.
Muse Maastricht
Muse, located near the center of Maastricht and the university’s medical campus, includes 506 fully furnished studios with private kitchen and bathroom. The student residence also offers extensive amenities such as a gym, study rooms, private dining room, garden and laundry facilities. It is managed by Rockfield itself.
More, Leiden
More in Leiden is located on the campus of Leiden University, within walking distance of Leiden Central Station. The project consists of 703 studios spread over four buildings, with a total of 600 m² of common areas including roof terraces, lounge, game room, washrooms and a green courtyard. Student Experience will remain responsible for managing this location.
“The acquisition of Muse en More fits seamlessly into our strategy of investing in sustainable student housing in European cities where there is significant pressure on the housing market. These properties combine sustainability with affordability and strengthen our platform as a leading player in the European PBSA sector.”
Sebastian Zwart, Senior Director Investment & Development, Rockfield
Pan-European growth and sustainable impact
Since its inception in October 2024, the partnership between Rockfield and Ardian has resulted in more than €600 million in investments in Florence, Bologna, Barcelona, Milan, Amsterdam and other locations. The pipeline now exceeds €1 billion, supported by institutional capital such as the €500 million initial commitment from CBRE Investment Management, followed by an additional €300 million in Q2 2025.
The joint strategy focuses on building a diversified portfolio of high-quality, sustainable student housing in underserved markets such as Germany, the Netherlands, Italy, Spain and France. The emphasis is on existing assets and selected forward funding projects.
“Strong demand for student housing and a focus on ESG make PBSA attractive. Sustainable investments strengthen our portfolio and reduce our ecological footprint.”
Bernd Haggenmüller, Senior Managing Director Real Estate, Ardian
