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Round Hill sets up Irish base, with 1 bn euros to invest


Sheetal Sukhija
16 Aug 2018

DUBLIN, Ireland - Bringing 1 billion euros to invest in the country’s rental and student accommodation market, the British real estate company Round Hill Capital has now opened an Irish office. 

Round Hill, which has so far, acquired, built and managed over 110,000 residential and student housing beds across Europe, is now keep to explore the rental market in Ireland.

Speaking about the Irish housing market, Round Hill Capital Founder and CEO Michael Bickford said, "Consistent with many European countries, the Irish student and residential housing markets suffer from structural supply/demand imbalances. Round Hill has a proven 15-year track record of investing into such markets, where we identify opportunities that will deliver sustainable housing, whilst creating long term jobs."

Round Hill, which is currently funding a pipeline of over 7,000 student accommodation beds across the U.K., Ireland and Continental Europe, is said to be targeting 20,000 student beds in these regions by 2020.

The company’s new Irish office is located on Merrion Square in Dublin and the firm said that its expansion into Ireland will be led by the newly appointed Managing Director for Ireland, John Vaudin.

Previously, Vaudin worked with WK Nowlan Real Estate Advisors in Dublin for 12 years, as a director and shareholder heading investment, development and asset management advisory services.

He has also been involved with Johnny Ronan and Richard Barrett’s Treasury Holdings.

Now, Vaudin will not only lead Round Hill Capital’s business expansion in Ireland but will also be responsible for spearheading the group’s investment, development and operational strategy, helping to deliver on its ambitions across Ireland.

He said in the company’s statement, "I’m excited about joining the Round Hill Capital team and helping to bring their extensive international experience to bear in the Irish student accommodation and residential sectors. We have ambitious plans and over 1 billion euros of capital to deploy in Ireland and setting up a locally staffed office is a sign of our intention to invest for the long-term."

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