What?! Why is everyone shouting?!
And what was wrong with the first email?
These people ...
PRESS RELEASE: UXCO GROUP ANNOUNCES THE ACQUISITION OF A NEW STUDENT RESIDENCE IN CHAMBÉRY, ENDING 2023 ON A HIGH WITH MORE THAN €200M INVESTED OVER THE YEAR
Okay, well ...
UXCO GROUP ANNOUNCES THE ACQUISITION OF A NEW STUDENT RESIDENCE IN CHAMBÉRY, ENDING 2023 ON A HIGH WITH MORE THAN €200M INVESTED OVER THE YEAR
'Repetition, boss!'
Yeah, yeah. Sort of. I don't know. Maybe that's why they're so excited.
'Maybe they're new to it.'
Amateurs, Voice. They didn't go a third time, did they?
'No.'
Never mind.
Paris/Montpellier, December 18, 2023 - UXCO Group, investor, developer and operator of student and co-living real-estate (PBSA) in France, is pursuing its strong growth with a fifth acquisition in France in 2023: the future UXCO Student residence in Chambéry, France. This latest operation by the company, majority-owned by Brookfield, enables it to end the year on a high with more than €200 million invested in 2023 for 5 new acquisitions.
Christ! Do they want to control these students?
'They're freaks, boss ... seeking control.'
Well, I think they've got it, Voice. I mean, they invest, they develop, and then ... they operate.
'Terrible!'
Located close to Chambéry's historic center, the future UXCO Student residence will be part of the brand-new La Cassine district designed by the regional development agency. Focused on the transformation of a former lunatic asylum, this project is aimed at offering a completely redesigned gateway to the city, making it more attractive, dynamic and pleasant, with a mix of offices, residential and green areas. Close to the main train station with ideal public transport to the city's university, the new residence will help respond to the region's major housing challenges, offering students and young professionals quality, affordable and safe accommodation to suit their lifestyles.
Ha, ha, ha! Lunatic asylum? No, it said industrial plant, dear kooks. I changed it. For a laugh, like.
'We like our fun, boss.'
Of course we do! How does anyone expect us to make it through the day ... writing about this stuff?
Anyway ...
The future UXCO Student residence in Chambéry will reinforce the group's portfolio of residences in the Auvergne-Rhône-Alpes region, by offering 124 beds over a 2,647 m2 total area on 7 floors. In addition to private flats ranging from studios to four-bedroom apartments, residents will also benefit from more than 500 m2 of common areas and high-end services, in line with the best student accommodation standards: gym, cinema, gaming room, Pot Noodle and champagne reception room, co-working areas, terrasses and a rooftop patio. Thanks to a geothermal heat system and photovoltaic panels, this residence will also deliver excellent energy performance.
UXCO Group is mobilizing its expertise in investment, asset management and student housing management, partnering with -
Yeah, okay.
EN -
'Are there any voices, boss?'
There's one. The voice of Maël.
'Ooh! Scary!'
Yep. But let's be brave. We've got to be brave.
'We've dealt with worse. Remember Jack Pickles?'
Yes, I remember.
"After the opening of our new UXCO Student residence in Annemasse more than 15 years ago and the launch in November of the construction on the future ECLA Archamps-Genève co-living residence developed by Océanis Promotion, the group's development arm, this latest operation reinforces our offering, helping to make the region housing offer more dynamic and meet student housing needs in the area. This project also confirms our ambition of deploying our two brands - ECLA for premium XXL co-living, and UXCO Student for purpose-built student accommodation across France," explains Maël Aoustin, Group CEO and President of the UXCO Group Management Board. "We're proud to be developing our portfolio of assets in this region and pursuing our ambitious growth plan, reinforcing our position as market leader and preferred partner of local authorities."
'Oh!'
You see? Perfectly charming chap, our Maël.
'That's a relief!'
ENDS
ENDS
ENDS
There are no more words - for now.
