UAE: WOW RED, the developer of the SLS Dubai Hotel & Residences in the Burj Khlaifa district, is offering fractional ownership in the units at the property.
UK: Inspired Villages has achieved reserved matters planning permission for phase one of its £100 million retirement community on the edge of Tunbridge Wells.
UK: Cortland, with Madison International Realty as funding partner, has acquired a 50-storey tower BTR property currently under development in Salford, from Renaker.
UK: Greystar has formed a strategic partnership with a wholly owned subsidiary of the Abu Dhabi Investment Authority of up to £2.2 billion to develop BTR housing in London and its surrounding commuter towns.
France: Ascott has entered into an agreement to acquire a property in Paris for the development of the first and flagship lyf property in Europe, lyf Gambetta Paris, set to open in 2024.
Spain: Global BTR and coliving asset manager Node has acquired fellow coliving developer Starcity Spain.
Thailand: HOMA has opened its Phuket Town property, a 505-unit community that it says “blends the benefits of a serviced apartment with the facilities of a four-star hotel”.
UK: Coliving operator Vonder has opened its flagship property in Wembley, north London, featuring 313 apartments with on-site amenities across more than 160,000 square feet of space.
UK: A JV of Apache Capital and KKR has secured a £157 million debt facility from BentallGreenOak to fund a Moda Living BTR development in Hove.
UK: Vita Group has secured funding from Cain International and PGIM Real Estate to finance the construction of Union, its two-tower coliving scheme at Allied London’s Enterprise City.
