Renowned for delivering some of the biggest regeneration projects in purpose-built student accommodation (PBSA), Vita Group announces it will invest €350m in its European expansion programme. The Group is preparing to launch its first scheme outside of the UK – Vita Student Pedralbes in Barcelona which is expected to open in September 2022.
With construction well underway, Vita Student Pedralbes is the Group’s first residence to open in Europe. The PBSA scheme has been designed by prestigious architectural firm Batlle I Roig. The design-led building will deliver 274 student beds and will create a thriving community thanks to its amenities, which include private study and dining rooms, state-of-the-art gym, swimming pool, lounges and hub spaces.
In early 2023, Vita Student Poblenou – the Group’s second PBSA scheme in Spain – will bring a further 349 student beds to Barcelona, opening in the 22@district – another of the city’s student hotspots. Once open, Vita Group will directly employ over 50 new jobs in Barcelona, with total investment into the European expansion set to exceed €350m. The business is expected to indirectly contribute to circa 750 jobs throughout Spain, with the ambition of creating more beds to meet Barcelona’s growing demand for PBSA and ease existing pressures on the city’s housing stock.
In January 2022, Vita Group also opened its first offices in Barcelona as the business looks ahead at new opportunities both in Barcelona and across Spain.
“It’s incredibly exciting to take the Vita Student brand into Europe and we’re confident that Barcelona will make the perfect host city thanks to its superb reputation for outstanding higher education on the international stage. Over the last three years we’ve been working tirelessly to create a proposition which truly reflects the brand in a new territory and we’re sure that Pedralbes and Poblenou will do just that for us in Spain.”Mark Stott, CEO, Vita Group
Vita Student currently has 22 schemes in operation across the UK including sites in London, Manchester and Edinburgh. Vita Student goes above and beyond with its student centric experience which includes a roster of events bringing residents together – which supports supporting mental health, fitness and wellbeing, along with inspiring talks from industry leaders to support academic progression.
“With a fantastic reputation for higher education, attracting over 40,000 students from all over the world each year and a student population which exceeds 210,000, Barcelona is the perfect place to start our European expansion programme. Vita Student Pedralbes will showcase our deep understanding of how to create and operate outstanding student accommodation which responds to its residents.”Ioannis Verdelis, Director of International Developments, Vita Group