Since the creation of the portfolio in May 2021, it has grown from two assets with 1,500 beds to 12 assets with 4,100 beds           Transaction marks the first sale of EQT Exeter’s living assets in Spain, a market experiencing continued growth potential         Azora reenters the Spanish purpose-built student accommodation (PBSA) market, a sector it first pioneered over a decade ago  Azora plans to leverage the acquisition to develop a larger Southern European portfolio aiming for approximately 10,000 beds

STOCKHOLM, Nov. 29, 2024 /PRNewswire/ — EQT Exeter, a leading global real estate investment manager, is pleased to announce that the EQT Real Estate II fund (“EQT Exeter”) has closed the sale of a portfolio comprising 12 student housing assets in nine cities across Spain to an Azora PBSA managed vehicle.

In May 2021, EQT Exeter entered a joint venture with developer Grupo Moraval to create a premier portfolio of purpose-built student accommodation assets across Spain, totaling approximately 1,500 beds. The portfolio was designed to target a primarily domestic student profile, with a high level of service and amenity offering at an affordable price point.

Since then, leveraging the expertise of its local team, EQT Exeter has expanded the portfolio to include 12 assets with approximately 4,100 beds across major cities, including Madrid and Barcelona, as well as in key secondary higher education hubs such as Seville, Málaga and Granada. It became the fourth largest student housing portfolio in Spain just two years into the joint venture. The portfolio is characterized by its high standards, with several buildings having achieved LEED1 Platinum, the first student assets in Europe to receive this certification.

Tom Livelli, Partner and Head of Living Strategies, Europe, EQT Exeter, said: “This transaction underscores the strong and growing demand for high-quality student housing in Europe, supported by robust fundamentals and resilient market dynamics. Spain remains a top investment destination, with strong economic growth and a structural undersupply of student housing. This exceptional portfolio showcases EQT’s integrated investment, development, and operational expertise, and we remain committed to expanding our presence in the European living sector.”

Carlos Molero Sánchez de la Blanca, Managing Director, EQT Exeter, said, “We are excited to have completed the sale of our first living assets in Spain, an excellent example of EQT Exeter’s ‘local with locals’ approach to investing in thematic trends. Our selective aggregation strategy, combined with a deep understanding of the specific needs of students and a focus on the operational and design aspects of each building, have allowed us to achieve significant scale and deliver a highly resilient, downside-protected portfolio with a high social impact.”

Alvaro Soto de Scals, CEO, Grupo Moraval, commented: “It has been a pleasure to have contributed to the success of our JV with EQT Exeter, having sourced and managed the build-out of this platform as planned. The portfolio is built with state-of-the-art technology and quality; with sustainability a core element for both Group Moraval and EQT Exeter.”

José Alonso, Partner, Azora, added: “After closely monitoring the market for several years, we believe now is the ideal time to reenter the PBSA sector in order to provide solutions to the current shortage of student housing in Spain and other Southern European countries. The platform established by EQT Exeter and Grupo Moraval aligns with the high standards of our PBSA vehicle and will serve as the foundation for our expansion in Southern Europe.”

The acquisition signifies Azora’s return to the student housing sector, a market it led over a decade ago by establishing the largest PBSA portfolio in continental Europe, which was sold in 2017. Azora intends to use this newly acquired platform as a foundation to expand its new PBSA vehicle, targeting approximately 10,000 beds in key Southern European locations.

EQT Exeter was advised by Linklaters and Azora was advised by CBRE Investment Bank and Garrigues.

1Leadership in Energy and Environmental Design

EQT contact
For Spanish press, Sofía García, sgarcia@grupoalbion.net, +34915312388
For international press, EQT Press Office, press@eqtpartners.com

Azora (Spain) contact
Nacho Miquel, nacho.miquel@irazustacomunicacion.com
Alberto Rodríguez, alberto.rodriguez@irazustacomunicacion.com
+34915634179

Azora (Europe) contact
Richard Sunderland / James McEwan / Ellie Smith, Azora@FTIConsulting.com
+442037271000

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NEW YORK, Nov. 29, 2024 /PRNewswire/ — Technavio is excited to announce an insightful webinar titled “Unlocking Insights in the Packaging Industry: Market Trends, Consumer Preferences, and Sustainability Shifts”, scheduled for 12th December 2024. This exclusive event will delve into the transformative trends reshaping the packaging industry and equip businesses with actionable strategies to stay ahead.

Don’t miss this opportunity to gain exclusive insights from a leading industry expert. To secure your spot- Register now!

With the packaging landscape evolving rapidly, driven by sustainability, personalization, and consumer-centric innovation, the webinar will touch upon critical topics such as sustainable packaging, post-COVID innovations, and data-driven decision-making.

The session will be led by Venkata Krishnan Seshadri, Vice President at Technavio, a market research and consulting veteran with over 15 years of experience. Known for his expertise in market intelligence, competitive analysis, and strategic consulting, Venkat will provide invaluable insights into:

Emerging trends in smart and personalized packaging.Consumer behavior shifts toward eco-conscious choices and brand transparency.Balancing cost-efficiency with sustainability goals.Leveraging predictive analytics and market segmentation for success.

Key Highlights:

Discover actionable solutions to sustainability challenges.Explore real-world case studies demonstrating the power of data-driven packaging strategies.Gain insights into future-proofing your packaging strategies in line with global market trends.

This webinar is a must-attend for professionals across industries, who seek to harness the potential of packaging as a competitive advantage.

Event Details:

Date: 12th December 2024Time: 11:00 AM CDTPlatform: Online WebinarRegistration Link: https://shorturl.at/JAQsC

For media inquiries, please contact:
Aman Raj Kishen
Sr. Analyst
Technavio
enquiry@technavio.com
+91 8061914606

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SOURCE Technavio

With cutting-edge technology and exciting events, Infinix is inspiring the rise of future champions on the road to the $3M London finals.

SHANGHAI, Nov. 29, 2024 /PRNewswire/ — Infinix, the trendy tech brand crafted for young consumers, is thrilled to announce its partnership with PUBG MOBILE as the Official Gaming Phone for the 2024 year-end finals: the 2024 PUBG MOBILE Global Championship (2024 PMGC). Under the inspiring theme ‘Standing as One,’ Infinix is empowering gamers, teams, and fans to channel their passion and dedication, elevating the esports experience to new heights.

The 2024 PMGC will feature 48 qualified teams competing in a closed offline event held in Kuala Lumpur, Malaysia, from October 31st to November 24th. The Grand Finals will unfold in London, United Kingdom, from December 6–8, where 15 top teams from the League Stage will compete alongside the host country’s representative. With an impressive total prize pool of $3,000,000 USD, this championship promises to showcase the pinnacle of esports talent.

Tony Zhao, General Manager at Infinix, remarked, “Our ongoing partnership with PUBG MOBILE exemplifies our unwavering commitment to fostering the esports community. This year alone, we have proudly sponsored a multitude of prestigious competitions, including the PUBG MOBILE Super League and the PUBG MOBILE World Cup (PMWC). These initiatives not only underscore our dedication to advancing gaming technologies but also enhance the overall experience for gamers worldwide. We are excited to support a platform that empowers talent, fuels passion, and unites players across the globe.”

At the heart of this sponsorship is the Infinix GT 20 Pro, 2024 PMGC Official Gaming Phone, a flagship gaming smartphone designed for esports enthusiasts and multimedia consumers. It boasts a stunning 6.78-inch AMOLED display with a resolution of 1080 x 2400 pixels and a 120Hz refresh rate for smooth navigation and gameplay. Powered by the MediaTek Dimensity 8200 Ultimate chipset, the GT 20 Pro excels in multitasking and intensive gaming, featuring an Esports mode to minimize distractions and a cooling fan accessory to ensure optimal performance during extended gaming sessions.

Infinix Unites Esports Fans: Celebrating Champions at 2024 PMGC in London

The culmination of 2024 PMGC will take place in London, where Infinix will celebrate the best of esports by bringing exceptional teams to witness the once-in-a-lifetime final showdown. One of the standout events of this journey is the rise of the Unity Titans, originally known as the #WOOOWSquad.

The Unity Titans emerged from humble beginnings, driven by a shared passion for gaming and navigating the challenges of balancing academic responsibilities with limited resources. Their turning point came with the launch of the 2024 PMCC Nigeria, presented by Infinix, which provided them a national platform to showcase their skills.

Their hard-fought victory in this tournament solidified their status as champions and marked their transformation into a team that embodies the values of unity, strength, and ambition, inspiring students across Nigeria to pursue their aspirations. The Unity Titans’ story exemplifies the transformative power of esports education and technology, where passion meets opportunity, enabling players to achieve greatness.

As the Unity Titans embark on their all-expenses-paid trip to London, they will have the opportunity to meet their idols at 2024 PMGC, symbolizing the power of perseverance and the belief that greatness is achievable, regardless of one’s starting point.

For fans unable to attend the live event, Infinix is excited to host watch parties across the Middle East, Eastern Europe, Uzbekistan, Malaysia, Egypt, Morocco, Pakistan, Indonesia, Thailand and Nigeria allowing PUBG MOBILE enthusiasts everywhere to join in the excitement and celebrate this monumental event.

Introducing Infinix MVP Awards and 2024 PMGC Awards

To honor the spirit of competition at 2024 PMGC, Infinix is launching the MVP Awards and 2024 PMGC Awards. The MVP for the 2024 PMGC will be selected directly by PUBG MOBILE! based on players’ match performance in PUBG MOBILE, with the chance to secure an all-expenses-paid trip to London for the grand finale.

Through its support of 2024 PMGC, Infinix is not only elevating the gaming experience but also inspiring future champions. The journey of the Unity Titans—from humble beginnings to national icons—serves as a testament to what can be achieved through passion, teamwork, and unwavering determination.

With Infinix’s innovative technology and support for esports education, players have the opportunity to unlock their full potential and turn their gaming dreams into careers. With Infinix, the message is clear: anyone can achieve their dreams supports by Infinix, and their journey starts today.

Conclusion

Infinix’s partnership with PUBG MOBILE represents a significant step forward in the evolution of esports, demonstrating a commitment to not only celebrate top-tier gaming talent but also to empower a new generation of players. The 2024 PMGC promises to be an unforgettable event, uniting the gaming community in a shared experience of competition, camaraderie, and celebration. As we look forward to the grand finale in London, Infinix invites all gamers to join this journey, proving that through passion and perseverance, greatness is within reach.

About Infinix

Founded in 2013, Infinix is a trendy tech brand crafted for young consumers. With a presence in over 70 countries and regions, Infinix delivers cutting-edge technology, stylish design, and outstanding performance. Our product lineup includes smartphones, TWS earbuds, smartwatches, laptops, and smart TVs. In 2023, Infinix was recognized in Kantar and Google’s top 50 Chinese Global Brand Builders Report and ranked sixth in Fast Company’s World’s Most Innovative Companies of 2024 in the Asia-Pacific sector. For more information, please visit: http://www.infinixmobility.com/.

About PUBG MOBILE:

PUBG MOBILE is based on PUBG: BATTLEGROUNDS, the phenomenon that took the world of interactive entertainment by storm in 2017. Up to 100 players parachute onto a remote island to battle in a winner-takes-all showdown. Players must locate and scavenge their own weapons, vehicles, and supplies, and defeat every player in a visually and tactically rich battleground that forces players into a shrinking play zone. PUBG MOBILE is co-developed by LIGHTSPEED STUDIOS of Tencent Games and KRAFTON Inc.

For more information, please visit the official PUBG MOBILE accounts on Facebook, Instagram, X, YouTube, and TikTok. 

PUBG MOBILE is available to download for free on the App Store and Google Play.

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