Student-led accommodation specialist Nido Living has appointed Ryan Lee as CFO, as the company gears up for a major expansion drive.
Ryan’s appointment is central to this plan, bringing his extensive experience in real estate and financial leadership to Nido’s executive team.
Joining Nido in September, Ryan will work closely with CEO Carlo Matta and COO Darren Gardner, and is based at Nido’s headquarters in Amsterdam, Netherlands.
He will support the business on all corporate strategies and ensure they are aligned with Nido’s wider growth ambitions.
“I am thrilled to join Nido at such an exciting time in the company’s journey. Nido has built a strong reputation in the student accommodation sector, and I am eager to contribute to its next chapter of growth.
“With a solid foundation already in place and a clear vision for the future, I look forward to working with Carlo, Darren, and the entire team to capitalise on the vast opportunities ahead, particularly in the Italian and German markets.”
– Ryan Lee, CFO, Nido Living
Ryan was the former CEO of Atrium European Real Estate, now part of G City Europe. His leadership in managing and redeveloping shopping centres and residential rental assets in Central Europe has been widely recognised.
Before that, Ryan held the CFO role at Atrium for nearly a decade, playing a key role in driving the company’s financial strategy and expansion. His career includes senior roles at CEDC, as well as leadership roles at JTI and Unilever.
“Ryan’s extensive background in real estate and the rental living sector across multiple countries makes him an invaluable addition to our team. We are excited to leverage his experience as we enter new markets in Italy and Germany, where the demand for PBSA significantly outweighs the supply. Ryan’s expertise will be instrumental in helping us achieve our goal of becoming the leading student accommodation provider in these key regions.”
– Carlo Matta, CEO, Nido Living
Nido Living currently manages 7,000 beds in assets across Denmark, Ireland, the Netherlands, Portugal and Spain. In recent months, Nido has launched over 1,000 new beds in Valencia and Madrid, Spain, and 500 in Maastricht, Netherlands.
Backed by shareholder CPP Investments, the vertically integrated platform is eyeing up acquisitions and new opportunities in Italy and Germany, alongside continued growth in Spain.
In August, Nido surveyed students across Europe on several topics associated with the wellbeing space. According to the survey, students consider that quality (74%) and proximity to the centre of study (73%) are the two determining factors when choosing accommodation during their time at university.
Student wellbeing, wellness, support and security have become top priorities for students and parents alike since the pandemic. Dr Tara Quinn-Cirillo recently discussed this significance.
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