JPMAM & iLive form €1.5b German student living JV

J.P. Morgan Asset Management (JPMAM) has partnered with iLive Group to build a €1.5 bn portfolio of purpose-built student accommodation (PBSA) in Germany.

Student housing - iLive Group

The partners will target major cities where there's high student demand and a severe shortage of suitable housing. The collaboration has already identified and secured initial development sites in Frankfurt and Berlin, which will provide approximately 1,000 beds.

Michael Ramm, head and CIO of Real Estate Europe at JPMAM, commented: “This partnership unlocks an exciting opportunity to deliver real value for our clients, partners, and communities—building on an already successful student living concept and helping to close Germany’s major gap in high-quality, modern student housing.”

Amos Engelhardt, CEO and founder of iLive, added: “We are proud to partner with J.P. Morgan Asset Management to further expand our high-quality student housing across Germany. Demand for modern, service-oriented living concepts continues to outpace supply in key university cities. This partnership represents an important milestone in scaling our platform and further strengthening our position as a leading provider in the German managed living sector.”

JPMAM has recently achieved significant strategic milestones for its Managed Living Platform across key global markets.

Collaborating with QuinSpark, JPMAM has acquired a portfolio of purpose-built student accommodation (PBSA) offering in France over 1,300 beds in the Greater Paris region and Aix-en-Provence.

Through a partnership with Grupo Lar, JPMAM plans to invest €600 mln in flexible living projects in Spain. Initial projects in Madrid have already been secured, targeting approximately 1,000 beds to meet the increasing demand for modern, adaptable living spaces in Spain's urban centres.