Ardian and Rockfield strengthen PBSA Strategy with new investment in Milan

Ardian and Rockfield are deepening their commitment to the Italian student housing market with an estimated €65 million investment in Project Durando. This capital injection targets a 610-bed complex in Milan, directly expanding their established Italian PBSA platform. The move allows Ardian and Rockfield to scale their social infrastructure holdings in a prominent European city. Investing in purpose-built student accommodation provides a predictable income stream, fitting Ardian's real assets investment solutions. This expansion builds upon their existing operational base within Italy, enhancing market penetration. Ardian, a global diversified private markets firm headquartered in Paris, France, manages $200 billion in assets across private equity, real assets, and credit. This Milan investment by Ardian allocates further capital to its real assets portfolio, consistent with its broad investment solutions. Rockfield partners with Ardian on Project Durando, contributing to the development of the 610-bed facility. The investment announced on 2025-11-26 demonstrates Ardian's continued deployment of capital into resilient asset classes within specific geographies like Italy.