ART acquires Japanese BTR and PBSA assets
Reading Time: 2 minutesJapan: Ascott Residence Trust (ART) will invest around JPY 10.4 billion (£70 million) to acquire four rental housing properties and its first student accommodation property in Japan.
Reading Time: 2 minutesJapan: Ascott Residence Trust (ART) will invest around JPY 10.4 billion (£70 million) to acquire four rental housing properties and its first student accommodation property in Japan.
Reading Time: < 1 minuteSingapore: Real estate management services company LHN Group is to open two properties in the Katong area under its coliving brand Coliwoo.
Reading Time: < 1 minuteUK: Oaktree Capital has partnered with Balance Out Living and will develop a £1 billion coliving portfolio in London before targeting Europe.
Reading Time: < 1 minuteUS: A division of Blackstone is set to acquire multifamily housing owner/operator Preferred Apartment Communities Inc for $5.8 billion.
Reading Time: 2 minutesUK: Legal & General Retirement Institutional (LGRI) has announced plans to invest £2.5 billion of retirement funds into BTR schemes over the next five years.
Reading Time: 2 minutesUK: Brookfield, through one of its private real estate funds has acquired a 619-bed, PBSA portfolio from IP Investment Management and Glenmore Group.
Reading Time: 2 minutesUK: NatWest and Leumi UK will provide debt packages to support EQT Exeter and Sigma Capital’s residential joint venture to bring affordable new rental homes to Greater London
Reading Time: 2 minutesUK: Fund manager Moorfield has agreed to forward fund an 81-bed coliving scheme near Ealing Broadway.
Reading Time: 2 minutesSingapore: The Ascott Limited (Ascott) has established a development venture totalling US$150 million in committed equity to develop student accommodation assets in the USA.
Reading Time: < 1 minuteHosted by George Sell, editor-in-chief, IHM Innovators joining the discussion are: Paul Bridger, Head Rovester and Director, ROVE Hotels Filippo