TPG, Madison International Realty form strategic partnership in Home & Co German student housing platform

Transaction completion remains subject to customary closing conditions.

Madison’s investment is set to fund Home & Co’s expansion across Germany’s student housing market, where demand outstrips purpose-built supply.

Home & Co operates 19 purpose-built sites in Germany with more than 3,500 beds; it added four sites with nearly 1,000 beds over 12 months.

TPG Real Estate Partners formed a strategic partnership with Madison International Realty, which will buy a significant minority stake in student housing platform Home & Co.

TPG will retain majority ownership; Home & Co’s management team will keep control of investment decisions and operations.