Promiris develops a new residence for students in Lisbon, in collaboration with the Belgian group Cetim.
The residence will have 124 rooms for a total area of 3.800m² above ground and will be rented on the basis of a long-term lease by the French operator Odalys.
This is the second student residence that Promiris will deliver to the operator Odalys, after Granjo in Porto.
Construction is expected to begin in late 2020 depending on the imminent issuance of the permit.
Other projects are being analysed with Odalys, one of the leaders in student residence management in France and which is developing in Southern Europe.