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PATRIZIA sells around 630 apartments in Sweden (SE)

PATRIZIA Immobilien AG has sold a portfolio with around 630 apartments in the Swedish university city of Umea. The buyer is Lerstenen Invest AB, a local investor from Sweden. The parties have agreed n ...

Weston Homes and Cathedral Group develop €168.2 mln residential scheme (UK)

Weston Homes, in a joint venture with Cathedral Group, a wholly owned subsidiary of Development Securities PLC, are transforming the historic 1.2 acre Telegraph Works site in Greenwich, into a new £1 ...

Galliard Homes acquires a Chiswick Roundabout site for €21 mln (UK)

Galliard Homes, in conjunction with Cain Hoy and ARV Investments, have paid in excess of £15 mln (approx. €21 mln) in order to acquire full ownership and control of a 0.5 acre (approx. 2023 m²) si ...

L&G completes €69.3 mln care home loan to Sanctuary (UK)

Legal & General’s lending arm, LGIM Commercial Lending Limited (“CLL”), announces that it has agreed a £50 mln (approx. €70 mln), 25 year loan to Sanctuary Group, as it continues to inves ...

PATRIZIA sells Südewo for €1.9 bln (DE)

PATRIZIA Immobilien AG has sold Süddeutsche Wohnen Group (SÜDEWO) to Deutsche Annington. The purchase price for SÜDEWO, which comprises a portfolio of 19,800 apartments, is approx. €1.9 bln. ...

USAF acquires 2,100 bed student portfolio for approx. €375 mln (UK)

Unite Students, the UK's leading developer and manager of student accommodation, reports that the Unite UK Student Accommodation Fund (USAF), in which the Group has a 22% stake, has exchanged contract ...

IC Netherlands acquires first student residence in Amsterdam (NL)

IC Netherlands, a subsidiary of the German student housing specialist International Campus, has acquired a student residence in the eastern part of Amsterdam prior to construction. A sales agreement w ...

Mace completes sale of Assam Place to Greystar for €150 mln (UK)

Mace has completed the sale of Assam Place, home of the Hult International Business School, to Greystar Real Estate Partners for £110 mln (approx. €150 mln). Located in Aldgate in the heart ...

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