Reading Time: 2 minutesUK: Developer Lovell and BTR developer-operator Placefirst have signed a £22 million deal to bring BTR homes to the fourth phase of Derby’s Castleward development.
Reading Time: < 1 minuteUK: Investment and asset management firm Grace Real Estate Partners has signed a deal to purchase a 354-unit residential portfolio in Newcastle. Details about the private seller and the price have not been disclosed.
Reading Time: < 1 minuteUK: Graham Investment Projects has secured planning approval for a purpose-built student accommodation (PBSA) scheme in Glasgow, with construction set to begin later this year.
Reading Time: 2 minutesUK: Student accommodation platform Nido Living has acquired Brookfield Asset Management’s Iberian student housing portfolio, Livensa Living, for €1.2 billion (£1 billion).
Reading Time: 2 minutesUK: The flexible office market is entering a new phase of maturity, with consolidation deemed critical for future stability, according to a new report from property consultancy Spaces to Places.
Reading Time: < 1 minuteUK: Developer Far East Orchard has secured £96 million in committed capital, closing its first purpose-built student accommodation (PBSA) development fund.
Reading Time: 2 minutesUS: Census data has revealed that between 2013 and 2023, the number of renters aged 65 and over increased by 2.4 million, nearly 30 per cent more than a decade ago.
Reading Time: 4 minutesUK: The UK government has announced the creation of a new National Housing Bank, a publicly owned financial institution that will help deliver more than 500,000 new homes across the country.
Reading Time: 2 minutesUK: London-based co-living operator bamco has acquired West London Homes, marking its fifth competitor acquisition in less than four years.
Reading Time: 2 minutesAustralia: Fund manager and developer Pro-invest Group has entered a joint venture with Japan’s Kajima Corporation to develop a $1.5 billion (£790 million) build-to-rent (BTR) portfolio in Australia over the next five years, starting with a 300-unit scheme in Sydney.
