J.P. Morgan Asset Management announced the expansion of its European managed living platform through a joint venture with i Live Group. The joint venture intends to develop a €1.5 billion purpose-built student accommodation (PBSA) portfolio, delivering high-quality, amenity-rich housing across major German cities with significant student populations and limited housing availability.
Hengeler Mueller advised J.P. Morgan Asset Management on the joint venture with i Live and the financing.
Hengeler Mueller team for J.P. Morgan Asset Management
Joint Venture: Daniel Kress (partner, lead, Berlin),
Financing: Axel Gehringer (counsel, Frankfurt), Robert Süß (senior associate, Berlin).