New entry in student housing: Morning Capital acquires La Ringhiera

An operation with which it marks its strategic entry into the Student Housing and Co-Living segment: with the acquisition of the entirety of La Ringhiera, a company that has been active for more than thirty years in the management of student halls of residence and university housing, Morning Capital takes over an initial portfolio of more than 1,100 fully-occupied beds in key cities such as Milan, Rome and Florence.

The group led by Maurizio Monteverdi thus surpasses EUR 12 million in aggregate production value, laying the foundations for the rapid national expansion of the new segment dedicated to students, integrated into the platform of asset classes already managed by Morning Capital (residential, offices, car parks, urban public spaces). "We are delighted to have completed this transaction, which allows us to achieve the growth targets set out in the business plan, while at the same time centring the objectives of common benefit,' said CEO Maurizio Monteverdi. 'From now on, we have the task of growing La Ringhiera according to those scalability principles that only a high level of know-how in finance, real estate and digital technology can allow, while respecting the values that have inspired it until now.

The operation stands out for its sustainable and inclusive approach, with which Morning Capital is committed to maintaining affordable prices and not automatically aligning itself with the highest market benchmarks - a crucial choice in contexts such as Milan, where high rents are putting thousands of families in difficulty. This commitment reflects the recent transformation into a Benefit Company, which took place in November 2023, and responds to the company's mission to combine profitability and social impact throughout the property chain.

The transaction is part of a context of growing attention for the Student Housing segment, at the centre of important investments by international funds and institutional operators, with growth prospects driven by the increase in university demand, urbanisation processes and new post-pandemic housing needs.