Terrassa, Barcelona, 22nd of July 2025 – Rockfield Real Estate, a vertically-integrated living platform and Ardian, a world-leading private investment firm, consolidate their position in the student living sector with a new investment, a 369-bed student accommodation asset located in Terrassa (Barcelona). This marks the second deal in Spain, after the acquisition of Cristóbal de Moura 196 in Barcelona, and the seventh deal closed by Ardian and Rockfield in just eight months since the launch of their pan-European Purpose-Built Student Accommodation (PBSA) strategy.
The asset comprises a seven-floor building located on the site of the former AEG factory in Terrasa, Avinguda Jaume I 60, acquired from ACCIONA Living & Culture. With its extensive experience in residential development, ACCIONA has transformed the site into a masterplan that will feature residential, tertiary uses, green spaces and over 3.500 sqm of retail.

“This acquisition perfectly fits our strategy of targeting acquisitions and forward-funding opportunities of best-in-class PBSA schemes. This investment represents a strategic step in our long-term European vision dedicated to Purpose-Built Student Accommodation, a rapidly growing sector that is increasingly central to urban transformation.”
– Juan Manuel Acosta, CIO Rockfield Real Estate

Addressing scarcity, setting an example in sustainability
The recently completed asset, which includes 358 rooms and almost 3,000sqm of indoor and outdoor amenities, will be a reference in the city for university housing.
Located in close proximity to the main university centers and the Nord train station, the asset provides excellent connectivity to the city center and Barcelona. The property has been designed to offer a sustainable, modern living environment, with spacious, fully furnished rooms, gym, canteen, swimming pool and large gardens and green areas.
“Spain presents a highly attractive student-to-bed ratio, reflecting strong demand and limited supply. In Terrassa, there are currently just 315 beds available for an estimated demand of 2,200. Existing options are outdated and lack the premium services students increasingly expect. This asset represents a unique opportunity to enter the PBSA market in Catalonia’s second most important university city, in a prime location. It fully aligns with our investment strategy, meeting top international standards of quality and sustainability.”
– Edmund Eggins, Managing Director, Ardian
