Baker McKenzie’s Real Estate team has advised Merkel Asset Management on the financing for the construction of a new student residence in Sabadell, Barcelona, which will be managed by global student residence operator Yugo.
The team advising Merkel Asset Management was formed by Guillermo Rodrigo and Paloma Alcón.
The residence, which will open in September 2024, has 374 beds that will serve the students of the Autonomous University of Barcelona in its different campuses (Sabadell, Terrasa and Bellaterra) and the Polytechnic University of Catalonia.