Bloody hell! Will you -
'Why are they shouting, boss?'
I've no idea, Voice.
And I'm not starting the new academic year in style. What am I, a kid?!
Paris/Montpellier, October 3rd 2023 - UXCO Group, investor, developer and operator of student and co-living real-estate (PBSA), is starting the 2023/2024 academic year in style with an impressive occupancy rate, close to 100%, at its student and co-living residences, numerous large projects in the pipeline and an unparalleled portfolio in France.
Oh, France.
The new academic year is a success for UXCO Group with close to 100% occupancy at the end of September across all its ECLA co-living residences (XXL premium student & young professional residences) and UXCO Student (residences in around 40 cities across France). In addition, five new residences opened this summer (an extension to ECLA Paris Massy-Palaiseau and new UXCO Student residences in La Rochelle, Nantes, Villeneuve D’Ascq and Rouen), representing a total of more than 1,000 new beds.
Yeah, yeah.
'What does Mael Aoustin say, boss?'
This -
Mael Aoustin, Group CEO and President of the UXCO Group Management Board, says, "We owe our success to our expertise across the entire value chain, along with our teams' proximity to our student and young professional residents that enables us to meet their needs and anticipate new trends. We target to reach a total of 25,000 beds in five years' time thanks to the growth of our unique ECLA XXL premium co-living and student concept and our UXCO Student residences."
Well, all right.
'What does Lucky say, boss?'
Ha! That's another story!
But not much of a story at all.
This -
UXCO GROUPS STUDENT AND CO LIVING RESIDENCES PBSA START THE NEW ACADEMIC YEAR IN STYLE Paris Montpellier October 3rd 2023 UXCO Group investor developer and operator of student! and co living real! estate PBSA is starting the 2023 2024 academic year in style with an impressive occupancy rate close to 100% at its student and co living residences numerous large projects in the pipeline and an unparalleled portfolio in France the new academic year is a success for UXCO Group with close to 100% occupancy at the end of September across all its ECLA co living residences XXL premium student & young professional residences and UXCO Student residences in around 40 cities across France in addition five new residences opened this summer an extension to ECLA Paris Massy Palaiseau and new UXCO Student residences in La Rochelle Nantes Villeneuve D Ascq and Rouen representing a total of more than 1 000 new beds UXCO Group has also accelerated its development with recent acquisitions and new projects an ECLA residence near Geneva and two UXCO Student residences in Toulouse and Saint Etienne no less than €140 million in investment and 1 200 new beds since the beginning of 2023 have supported the companys ambition who is able??? to manage the entire value chain as an investor developer and operator of large scale student and co living real! estate PBSA with its recent openings and new acquisitions UXCO Group has a total of 73 residences 13 200 beds including 6 600 owned beds 4 600 beds for the ECLA brand alone and a real estate portfolio value exceeding €1 billion making it the reference on the French student and co living real estate market PBSA through this unique position in this asset class UXCO Group is able to pursue major projects with the inauguration at the end of November of Europes largest student! and co living residence 1 800 beds in Massy Palaiseau in the Paris region developed by Océanis UXCO Groups development arm the property newly extended opened at the end of August under the ECLA brand demonstrating UXCO Groups unique ability to invest develop and operate remarkable properties in terms of concept and size and the Group will continue on its path of ambitious growth Maël Aoustin Group CEO and President of the UXCO Group Management Board said we owe our success to our expertise across the entire value chain along with our teams proximity to our student and young professional residents that enables us to meet their needs and anticipate new trends we target to reach a total of 25 000 beds in five years time thanks to the growth of our unique ECLA XXL premium co living and student concept and our UXCO Student residences ABOUT UXCO GROUP 73 STUDENT AND CO LIVING RESIDENCES PBSA 13 200 BEDS OPERATED 100 APARTHOTELS 1 500 EMPLOYEES €480M ANNUAL REVENUES majority owned by Brookfield Asset Management UXCO Group is an investor developer and operator of residential student real estate and hospitality in France with more than 25 years of experience in the sector UXCO Group has a wealth of expertise enabling the company to control the entire value chain UXCO Groups business is organized in three entities! student and co living real estate owner investor and operator through UXCO Property and UXCO management for its ECLA and UXCO Student residences Development Océanis Promotion and Hospitality Appart City UXCO Group works day by day to transform lifestyles convinced of the power! of community to reinvent accommodation and make it attractive more vibrant and environmentally friendly
Yeah, thanks, Lucky.
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...
I'm glad that's over.
Voice?
Voice?
He's gone.
I think he said he was going for a cup of tea with Lucky after "work".
Maybe some toast, too. I don't know.
Whatever.
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