Venezia, December 9th 2019 – The biggest Venezia’s student house was inaugurated today: with 650 beds, the building doubles the student housing offer of the whole City.

It has been realised by refurbishing an historical compound in Santa Marta area. The financial operation was promoted by Ca’ Foscari Venezia University, owner of the area, by issuing a call for the entrustment of the 75-year surface rights of an area, in order to realise a student house.

The intervention has been carried out by the Erasmo Fund, Real Estate Fund dedicated to student housing and managed by Fabrica Immobiliare SGR, major Italian asset manager.

Erasmo Fund is the first Real Estate fund dedicated to the temporary-student housing segment, 60% advocated by the FIA (Fondo Investimenti per l’Abitare managed by CDP Investimenti SGR) and 40% by Aristotele Fund, managed by Fabrica and entirely endorsed by INPS (Italian National Pension Fund).

The Fund is developing 120 mln € plan of action over national territory, meaning other than Padua’s there are more significant initiatives in the portfolio, among which, with already a generating income Turin and Bologna, as well as another one underway in Venice, for a total of 1.600 beds.

Manager of the structure is Camplus, major housing provider for university students in Italy, which manages today about 7.000 beds around national territory.

The student house has three buildings surrounded by a garden and hosts 412 fully equipped rooms with kitchen and toilet.

About 1/3 of total surface is dedicated to common areas, offering services to support teaching and to spend freetime, eg. study halls, playroom and TV, bar, gym, laundry.