Cresco Urban Yurt is an integrated development and operating company for student housing and serviced micro-apartments in Germany. The Company has offices in Germany and Luxembourg.
Dedicated development resources are used to actively manage large scale urban development projects from inception, creating a unique and differentiated product held on balance sheet and operated post completion. The integrated approach delivers Investors returns far above residential benchmarks. The company was formed in 2013 and secured an equity commitment of EUR 100 million from the international multi-family-office LJ Group to seed the strategy. The Company currently has about 1,500 apartments under development and continues to look at a number of new opportunities to expand its footprint in its key target cities.
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