DeA Capital, Invesco and Banque des Territoires are investing 300 million in the expansion of student accommodation in France

DeA Capital Real Estate, Invesco Real Estate and Banque des Territoires are continuing to expand their student accommodation portfolio in France with the acquisition of two former office buildings located in Issy-les-Moulineaux and Boulogne-Billancourt, which will be converted into residential complexes specifically designed for students. The total investment value of the two transactions amounts to approximately 300 million euros.

The two properties will be refurbished to provide high-quality student accommodation, creating around 550 new beds in the western part of the Île-de-France region. Management will be entrusted to Camplus, a specialist operator in the sector. The new halls of residence will aim to achieve NF Habitat HQE certification – Excellent 7-star standard.

Located near the main university campuses and major business centres in the western part of Paris, the two halls of residence will offer students high-standard accommodation, and both facilities are expected to welcome their first students at the start of the 2028 academic year.

The residential complex in Issy-les-Moulineaux, designed by the architectural firm Quadri Fiore and situated at 41–43 Rue Camille Desmoulins and 8 Rue Rouget de l’Isle, will cover an area of approximately 7,000 square metres. The building will be demolished and redeveloped to create accommodation for 314 students.

In Boulogne-Billancourt, the building at 62 Rue Louis Blériot, designed by the architectural firm Baumschlager, covers an area of approximately 5,000 square metres and is to be refurbished and converted into a student residence capable of accommodating 232 students.