In 2005, CLV set about developing a global network of villages by expanding into New Zealand, signing its first lease with Massey University. This was closely followed by the acquisition of the University of Canterbury’s student accommodation in December that year, including an agreement to develop further housing on the site.
In 2006, CLV continued its rapid expansion by acquiring the United States business, Century Campus Housing Management L.P., adding approximately 20,000 beds to the portfolio. Founded in 1986, Century was an established and credible operator in the US student housing market, bringing a wealth of experience in the educational and student housing sectors to the business.