Preston PBSA asset bought by local investment firm
Reading Time: < 1 minute UK: Innovation Control, a Lancashire-based property investment firm, has acquired a 244-bed PBSA asset in Preston.
Reading Time: < 1 minute UK: Innovation Control, a Lancashire-based property investment firm, has acquired a 244-bed PBSA asset in Preston.
Reading Time: 2 minutes UK/US: Student accommodation specialists The Dot Group has reached a contractual agreement to acquire the CRM Students Ltd group of companies from CORESTATE Capital Holdings S.A.
Reading Time: 2 minutes Germany: Investor, developer and operator Round Hill Capital has acquired 541 BTR units across seven assets in Greater Berlin for €89 million.
Reading Time: < 1 minute UK: Inspired Villages has exchanged contracts for a 12-acre site in Farnham Royal, Buckinghamshire.
Reading Time: < 1 minute UK: Student accommodation manager and developer Unite is acquiring an 800-bed development scheme in central Glasgow, increasing its portfolio in the city to 3,000 beds.
Reading Time: < 1 minute Korea: Proptech startup Dongnae, which provides apartment rental management services, has revealed plans to acquire Stevens, a South Korean company which operates the coliving business Dears.
Reading Time: < 1 minute UK: Lender Leumi UK has provided Patron Capital — in a JV with Curation Capital — with a £9.26 million facility to fund the acquisition and refurbishment of PBSA asset in Manchester.
Reading Time: 2 minutes UK: Greystar Real Estate Partners has acquired a site at Wembley Park from Quintain on behalf of its pan-European residential fund GEPE I for an undisclosed sum.
Reading Time: < 1 minute UK: Blackstone-backed iQ Student Accommodation has bought Jensco’s Ten Traffic Street development in Nottingham, which is made up of 522 rooms across two blocks.
Reading Time: 2 minutes UK: Australian fund Aware Super has made its first move in to the UK’s BTR market with the purchase of Qatari Diar’s 22 per cent stake in Get Living.