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The Social Hub

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The Social Hub
FormerlyThe Student Hotel (2012–2022)
TypePrivate
IndustryHospitality
Founded2012
FounderCharlie MacGregor
HeadquartersAmsterdam, Netherlands,
Number of locations
21
Websitewww.thesocialhub.co

The Social Hub is a European hospitality company that operates a chain of hybrid hotels combining short- and long-stay accommodation with student housing, coworking spaces, and public amenities.[1][2] Headquartered in Amsterdam, the company was founded in 2012 by Charlie MacGregor and operated under the name The Student Hotel until 2022.[3][4]

As of 2026, the company operates 21 properties across cities in the Netherlands, Spain, Germany, Italy, the United Kingdom, France, Portugal, and Austria.[5][6]

History

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Founding and early growth

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The Student Hotel was founded in 2012 by Scottish entrepreneur Charlie MacGregor, who grew up in Edinburgh.[3][7] MacGregor's father had worked in purpose-built student accommodation in Scotland, and MacGregor entered the property industry at 17 without attending university.[7] The company's first property opened in Rotterdam that year.[8]

In 2014, the company received €150 million (£118 million) in funding from Perella Weinberg Real Estate.[9] The following year, APG Asset Management invested €100 million.[10] In 2016, the company acquired Carlyle Group's 85% stake in three Amsterdam properties.[11]

By 2018, the company had announced five further properties as part of its European expansion.[5][12]

Rebranding

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In 2022, The Student Hotel rebranded as The Social Hub.[13] That same year, APG Asset Management and GIC acquired a substantial stake from Aermont Capital in a transaction that valued the company at €2.1 billion.[14][7]

Recent developments

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In 2019, the company secured €82 million in green financing for its Toulouse and Paris properties, linked to environmental, social, and governance (ESG) targets.[15] In 2023, The Social Hub completed a €566 million refinancing facility with Aareal Bank and Rabobank under a green loan finance framework.[16]

The Glasgow property, which opened in April 2024, was the company's first in the United Kingdom. It represented a £90 million investment and contains approximately 500 rooms and 200 coworking spaces.[17][7]

The Social Hub obtained B Corporation certification in 2024.[18][19]

In February 2025, the company opened its second Florence property, a €150 million, 550-room complex in the San Jacopino neighbourhood.[20][21] The following month, The Social Hub entered the Portuguese market with a €60 million property in Porto's Bonjardim district, its first to include long-stay apartments.[21][22]

In March 2025, the company opened a €114 million property in Rome's San Lorenzo district, converting a disused 1920s railway customs house into a 24,000 square metre complex comprising a hotel, coworking spaces, event venues, and a public park.[16][23]

Business model

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The Social Hub operates as an owner-operator of properties that combine hotel rooms, student accommodation, coworking and meeting spaces, restaurants, bars, gyms, and publicly accessible areas including public parks.[1][24] The company reports operating more than 10,000 rooms across its portfolio.[6]

Locations

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The company's 21 properties are located in: Amsterdam (two properties), Barcelona, Berlin, Bologna, Delft, Eindhoven, Florence (two properties), Glasgow, Groningen, Maastricht, Madrid, Paris, Porto, Rome, Rotterdam, San Sebastián, The Hague, Toulouse, and Vienna.[6]

Social impact programmes

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In 2024, the company established the TSH Talent Foundation, a nonprofit funded by a pledge of 1% of annual global revenues.[25][26] The foundation's stated activities include university scholarship partnerships and a professional development programme called the Better Society Academy.[25]

The company has developed publicly accessible parks at its Rome and Florence Belfiore properties in collaboration with local municipalities.[24][27] According to Green Street News, the two parks were part of a €260 million investment in Italy.[28]

Recognition

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As The Student Hotel, the company received the Worldwide Hospitality Awards' Best Innovation Hotel Individual Initiative in 2014[29] and The Class Foundation's Best in Class Award for Best New Student Housing Development in 2017.[30] The Student Hotel Maastricht was nominated for the 2018 Frame Awards' Best Use of Colour.[31]

Following its rebranding, the company was profiled by the Financial Times in 2024.[32] The TSH Talent Foundation received The Class Foundation's Best in Class Award for Best Affordable Housing Initiative in 2024.[33] The Social Hub Glasgow received the Scottish Property Awards' Property of the Year for Commercial Buildings in 2025.[34]

Financing

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The Social Hub's growth has been backed by private equity and institutional investment.[35] Key investors have included Perella Weinberg Real Estate,[9] APG Asset Management,[10] GIC,[14] and the Carlyle Group.[11] The company was valued at €2.1 billion following the 2022 investment by APG and GIC.[14][7]

In 2023, the company refinanced €566 million under a green loan finance framework with Aareal Bank and Rabobank.[16] For its Italian properties, the company secured €145 million in financing from UniCredit and a €54 million green guarantee from SACE.[16]

See also

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References

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  1. ^ a b "More than just a hotel". The Social Hub. Retrieved 1 June 2024.
  2. ^ "The Social Hub opens first UK property in Glasgow". Business Traveller. 10 April 2024.
  3. ^ a b "Company Overview of The Student Hotel, Inc". Bloomberg. Retrieved 30 July 2018.
  4. ^ "About The Social Hub". The Social Hub. Retrieved 30 July 2018.
  5. ^ a b Kilburn, Hamish (12 June 2018). "The Student Hotel fuels European expansion with five new properties in the pipeline". Hotel Designs. Retrieved 30 July 2018.
  6. ^ a b c "About The Social Hub". The Social Hub Newsroom.
  7. ^ a b c d e "'Hybrid' hotel hub aimed at tourists and digital nomads has Edinburgh in sights". The Scotsman. 3 April 2024.
  8. ^ Watkins, Ed (7 December 2022). "The Social Hub: A Lot More Than Just a Student Hotel". HOTELS Magazine.
  9. ^ a b Walsh, Dominic (30 October 2013). "Student Hotel Group raises £118m". The Times. Retrieved 30 July 2018.
  10. ^ a b Handy, Russell. "APG invests in residential property company Student Hotel". IPE Real Assets. Retrieved 30 July 2018.
  11. ^ a b "The Student Hotel acquires the Carlyle Group's 85% stake in student accommodation properties (NL)". Europe Real Estate. 15 November 2017. Retrieved 30 July 2018.
  12. ^ "The Student Hotel adds five new sites to European portfolio". IPE Real Assets. 8 June 2018. Retrieved 30 July 2018.
  13. ^ "The Student Hotel rebrands as The Social Hub". The Social Hub Newsroom.
  14. ^ a b c "GIC and APG acquire a substantial stake in The Student Hotel from Aermont Capital, valuing the company at €2.1 billion". The Social Hub Newsroom.
  15. ^ "Our sustainability promise". The Student Hotel. Retrieved 27 July 2021.
  16. ^ a b c d "Inside The Social Hub's strategy of growing a hospitality portfolio and embracing positive change". CoStar. 2024.
  17. ^ "The Social Hub: A unique British experiment in property". Business Leader. 2025.
  18. ^ Marquis, Christopher (11 December 2024). "Redefining hospitality: How The Social Hub blends sustainability and community impact". Forbes.
  19. ^ "The Social Hub achieves B Corp certification". Boutique Hotel News. 30 October 2024.
  20. ^ "Second The Social Hub to open in Florence in February". The Florentine. 18 December 2024.
  21. ^ a b Brettell, Pauline (29 November 2024). "New 2025 openings announced for The Social Hub". Hotel Designs.
  22. ^ Schergna, Claudia (4 March 2025). "The Social Hub expands to Portugal with €60 million Porto opening". Serviced Apartment News.
  23. ^ "36 Hours in Rome: Things to Do and See". The New York Times. 15 May 2025.
  24. ^ a b "The Social Hub ramps up investments in local communities, unveiling 'transformative' public parks in Rome and Florence". The Social Hub Newsroom.
  25. ^ a b "The Social Hub establishes the TSH Talent Foundation". The Social Hub Newsroom.
  26. ^ "The Social Hub creates TSH Talent Foundation to champion education and inclusivity". Sustainable Hotel News. 23 May 2024.
  27. ^ "The Social Hub announcement". Hospitality Net.
  28. ^ "The Social Hub opens two Italian parks". Green Street News. 24 June 2025.
  29. ^ "Best Innovation Hotel 'Individual Initiative' 2014". Worldwide Hospitality Awards. Retrieved 30 July 2018.
  30. ^ "Best in Class Awards". The Class Foundation. Retrieved 30 July 2018.
  31. ^ "Winners". Frame Awards. Retrieved 30 July 2018.
  32. ^ "The Social Hub builds community for students, workers and travellers". Financial Times. 2024.
  33. ^ "Best in Class Awards 2024". The Class Foundation.
  34. ^ "Winners 2025". Scottish Property Awards, KD Media.
  35. ^ Mac Ruairi, Cormac (1 June 2017). "Briefing: Investors warned co-living culture is transforming hospitality industry". Property EU. Retrieved 30 July 2018.