TPG Real Estate Partners and Madison International Realty, a provider of real estate liquidity solutions, have entered into a strategic partnership through which Madison will acquire a minority interest in Home & Co, a vertically integrated real estate platform that acquires and operates student housing and micro-living assets across Europe.
Madison will partner with existing investor TPG, who will retain majority ownership of Home & Co, and the platform’s management team, who will maintain full responsibility for investment and operational strategy.
Benjamin Deeg, Business Unit Partner at TPG, said, “Since our investment in 2019, Home & Co has built the business into one of Germany’s leading student housing platforms – a self-sufficient owner-operator with a high-quality portfolio, a scaled in-house operating capability, and a strong position across attractive university markets. Our continued confidence in the team and the strategy they have set, coupled with Madison’s investment, reflects a shared conviction in the opportunity ahead as the team continues executing on Home & Co’s growth strategy.”
Maximilian Sauermann, Managing Director, Head of European Investments & Co-CIO at Madison International Realty, said, “This transaction reflects our broader strategy of identifying real estate platforms where strong operational performance meets constrained access to capital, enabling us to serve as a strategic liquidity partner to accelerate growth and support existing structures with our deep sector expertise. We are excited to partner with Home & Co and TPG to drive the next phase of the platform’s development and further strengthen its position in key markets across Germany.”
Vincent Steigenberger, CEO of Home & Co, said, “This partnership is a strong endorsement of the platform our team has built and the momentum we have created. Both in the assets we have added and in how those assets perform day to day. With the support of TPG and Madison, we are well positioned to continue expanding in attractive markets, investing in our platform, and further enhancing the residential experiences we provide to students.”
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*Offer ends on Friday, 7th February.
