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Urban regeneration, Cdp and InvestiRe launch a fund for 1.800 beds in university residences

The platform provides for an initial investment program of approximately 130 million – The first investment concerns a building in Naples

Urban regeneration, Cdp and InvestiRe launch a fund for 1.800 beds in university residences

The iGeneration fund for social infrastructures: it will create 1.800 beds in innovative university residences throughout Italy. They announce it Invest (Banca Finnat Group) e CDP Real Asset (Cassa Depositi e Prestiti Group) reporting that the iGeneration fund, a national platform that will have the objective of creating a new type of hybrid housing for students and young workers, thanks to the integration between the residential component and services such as co-working spaces , start-up incubators, technology and research hubs also in collaboration with universities.

The platform envisages an initial investment program of around 130 million euros, which will be covered by the National Fund for Social Housing (Fnas, promoted by Cdp Real Asset) up to a maximum quota of 50%. "The fund's financial commitment does not form part of the market solicitation procedure concluded in March addressed to real estate fund managers to select projects", continues the note.

Fnas: the "fund of funds" dedicated to real estate investments

The Fnas, an investment tool in support of social infrastructure, is aimed at promoting real estate interventions characterized by a high social impact on the territory and focused on the "3 Ss" of sustainable living: social, student e senior housing. The projects in which the fund invests have the objective of providing a concrete response to new social trends such as the aging of the population, the ongoing change in the traditional family model and the increase in socio-economic and territorial disparities, and at the same time, start processes of urban regeneration for social cohesion and cultural integration.

Numerous institutional investors participate together with Cdp Real Asset, such as credit institutions, territorial foundations of banking origin and national social security institutions and funds.

First investment in Naples, management at CampusX

The first investment of the platform will concern a property of over 15 thousand square meters a Napoli, located near the Central Station. The intervention will be inspired by principles aimed at improving the energy performance and well-being of the occupants. The management of the new structure will be entrusted to CampusX, primary operator in the university accommodation sector.

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