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Rendering of student housing A rendering of STAYTOO Leipzig; the property opened for the 2017/18academic year. (Photo: Schroeder Architekt)

HAMBURG—MPC Capital AG has sold a portfolio of more than 1,000 student apartments in German university cities to Chicago-based investment firm Harrison Street Real Estate Capital. Deal terms were not disclosed. Harrison Street and MPC have formed a joint venture partnership that will seek to expand the portfolio through both acquisitions and development.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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