Aparto Milan Giovenale, a building owned by a joint venture between Hines and Blue Noble and its first student housing in Italy, has been selected by Bocconi University to respond to growing demand from its national and international students and visiting professors for accommodation. Beginning September 2022, 60% of the student housing beds in the building will be reserved for Bocconi students and professors, who will be able to benefit from favourable rates.
The aparto Milan Giovenale residence spans a total area of 16,000m², providing 600 beds and a wide array of features such as study rooms, a gym with Technogym equipment, a yoga room, laundry facilities and a cinema as well as outdoor areas with gardens, basketball and workout fields. The complex will also host outdoor food and beverage spaces which will be publicly accessible. Upon opening, aparto Milan Giovenale will be the first LEED Gold-certified university residence in Italy, as it was designed and built according to the highest international standards of environmental sustainability and energy efficiency.
“Today is an important moment for the student housing sector in Italy and we’re delighted to announce this project with the world-renowned academic institution, Bocconi University,” said Mario Abbadessa, Senior Managing Director & Country Head of Hines Italy. “We strongly believe in the development of human capital and because of this we continue to invest in the student accommodation sector to help develop the next generation of talent. Milan is a dynamic and lively city that is anticipated to grow its student numbers by 20-30% in the coming years, and we are innovating via our aparto platform to meet this need.”
“We are delighted to welcome Bocconi University to aparto Milan Giovenale,” said Paul Forshaw, Founding Partner and CEO of Blue Noble. “At Blue Noble, we recognise the importance of investing in projects which not only offer first-class facilities, but also leading standards of environmental sustainability and energy efficiency. aparto Milan Giovenale will provide Bocconi University with an excellent facility to accommodate its ever-growing demand from national and international students and visiting professors.”