May 25, 2021
International Campus Group (IC), a company specialising in temporary living concepts for students and professionals, announces that Gawain S.E. Smart will assume the role of Chief Executive Officer (CEO) of International Campus Group and Rainer Nonnengässer, the current CEO, will move to a new role as Executive Chairman of the company. Both appointments are to be effective as of 1 June 2021.
Gawain Smart has been advising IC and its majority shareholder Brookfield for over a year now. The 51-year-old Canadian brings over 20 years of institutional real estate experience, most recently at Oxford Properties Group, and has worked across North America, Europe and Asia Pacific.
Rainer Nonnengässer said, “I am looking forward to new challenges at International Campus Group as Executive Chairman where I will continue to help the company execute on its growth ambitions to build a leading student housing and micro-living platform across Europe.”
Gawain Smart commented, “International Campus has expanded its footprint significantly over the last few years. The opportunity for student housing and micro-living in continental Europe has never been stronger and I look forward to working with Rainer and senior team to progress the company to the next stage.”
International Campus Group is a leading provider of student housing and micro-living products across Western Europe with over 5,800 apartments in operation and development, and a proven track record in Germany, Austria, Netherlands and the Czech Republic. With an additional active pipeline of over 5,000 beds, the company aims to grow its total portfolio to over 10,000 beds by 2023, deploying circa €1 billion in prime student cities and locations across Germany, Austria and the Netherlands.
Founded in 2011, International Campus Group develops and operates urban living concepts for specific phases of life in Northern Europe. The housing concept "THE FIZZ" is geared towards the needs of students and learners, while the "HVNS" (English "havens") offer is primarily adapted to the needs of professionals. The houses offer modern, fully furnished apartments in central locations, professional house management, useful services and lively communities. Currently, more than 5,800 apartments are in operation and under construction in Germany, Austria, the Czech Republic and the Netherlands. The company, with offices in Berlin, Hamburg, Munich, Vienna, Amsterdam and Luxembourg, employs around 150 people.