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.