Student Residence next to the University of Porto
Promiris finalised the acquisition of a plot of land located in Asprela, 500 meters away from the campus of the University of Porto.
This project will be co-developed with the Cetim group as a minority shareholder.
It will develop 7700 m² above ground for about 265 rooms.
As it is already the case for the two ongoing projects, the residence will be managed by the Odalys group, leader in France in the segment of university residences, which will rent the building on the basis of a long-term lease.
The application for a permit will be filed in September 2020 but the land already has a pre-authorization. Delivery is scheduled for June 2023.
The appointed architect will be Saraiva et Associados, with whom Promiris already collaborates on other projects in Lisbon.
With this new project, Promiris is developing its third student residence project in Portugal.