LIV Student Porto – Polo Universitário opened its doors on Wednesday, after the official opening attended by representatives of Bankinter, Plenium Partners and the Valeo Group, participants in the Spanish venture capital fund VStudent.
The new residence is located in the center of the university district, next to the metro station of the same name and close to several faculties of the University of Porto, according to a statement sent to the newsrooms.
It has 470 beds, in 423 rooms spread over 16 floors and four types of accommodation – single or double studio and single or double room in a shared apartment, all with private bathroom. It also has rooms and facilities for people with special needs.
LIV Student is managed by the Valeo Management subsidiary of Valeo Groupe, the brand dedicated to student accommodation in Europe.
It is currently located in Ireland, England, Spain and Portugal, but “is expected to expand into the European continent in the coming years,” the statement said, noting that the LIV Student Polo Universitário residency marks the entry of Valeo Group in Portugal.
VStudent is a Spanish venture capital fund, promoted by Bankinter, Valeo Groupe and Plenium Partners, their lead investors, along with Bankinter’s investor clients. It currently has five projects under development, with more than 2,800 beds, in cities such as Seville, Barcelona and Granada, in addition to Porto.
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