Reading Time: < 1 minuteUS: Ascott Residence Trust (ART) will acquire a freehold 548-bed student accommodation asset, named Seven07 in Champaign, Illinois, for US$83.25 million (S$112.4 million).
Reading Time: 2 minutesUK: Round Hill Capital has formed a €1 billion joint venture with Canada Pension Plan Investment Board.
Reading Time: 3 minutesSingapore: Ascott Residence Trust (ART) has been recognised for its “outstanding leadership in sustainability” in the 2021 Global Real Estate Sustainability Benchmark (GRESB).
Reading Time: < 1 minuteUK: BTR operator Moda Living has acquired six sites for a move in to the London coliving space.
Reading Time: 2 minutesUK: Coliving operator The Collective has appointed FTI Consulting as its administrators after failing to achieve a sale of the business.
Reading Time: 2 minutesUK: Barings has acquired The Trilogy, a BTR scheme in Manchester, for £53.5 million.
Reading Time: 2 minutesUK: Coliving pioneer The Collective looks set to enter adminstration, after efforts to find a buyer for the company proved unsuccessful.
Reading Time: < 1 minuteUK: Unite Students has signed a £450 million sustainability-linked unsecured revolving credit facility from HSBC, NatWest and Royal Bank of Canada.
Reading Time: < 1 minuteUS: Ascott Residence Trust (ART) will acquire a freehold 1,005-bed student accommodation asset in Texas, USA for US$70.0 million, its third PBSA investment within seven months.
Reading Time: < 1 minuteUK: Singaporean investor Mapletree Investments his set to purchase four Vita Student residences from Vita Group for more than £165 million.
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