£850m student housing JV set to be formed Nov 10, 2021 Canada Pension Plan Investment Board (CPP Investments) and Round Hill Capital have formed a €1bn European student accommodation investment partnership. CPP Investments, the investment arm of the Canada Pension Plan, is allocating an initial €475m of equity to the venture which will invest in standing assets and developments across PBSA markets in Continental Europe. By […] Posted by: Nathan Spencer Read more
370-bed Swansea student accommodation scheme greenlit Aug 4, 2021 Watkin Jones, the UK’s leading developer and manager of residential for rent homes, with a focus on the build to rent (BtR), co-living and student accommodation (PBSA) sectors, is pleased to announce that it has received resolution to grant permission for a 370 bed PBSA scheme in the heart of Swansea, its second in the […] Posted by: Nathan Spencer Read more
Amazon Property launches £250m real estate fund covering multiple sectors Apr 6, 2022 Amazon Property, the leading London investor-developer run by CEO Charles Gourgey and COO Chris Lanitis, has committed, via Amazon Capital (the group’s private equity division), a £250 million real estate fund to invest in joint venture opportunities in the logistics, managed office solution, PBSA, Life Sciences and retirement sectors. Amazon Property built its strong brand […] Posted by: Nathan Spencer Read more
Avanton plans two new BtR projects in London Mar 31, 2022 Avanton, the leading London investor-developer, is planning new pipeline Build to Rent projects, providing around 800 units, under the A:Living (Avanton Living) brand in the Old Kent Road and Wembley, following the lettings success of the A:Living launch of Build to Rent apartments at their flagship Coda development in Battersea. For the launch of the […] Posted by: Nathan Spencer Read more
BtR scheme forward sold to Catella in £32m deal Jun 9, 2021 Watkin Jones has announced an exchange of contracts for the sale of the Arches, a 184-unit BtR scheme on Bath Lane in Leicester. The scheme is being sold on a forward commitment basis to Catella APAM for £31.65m. The Arches will set a new benchmark for residential for rent accommodation in Leicester and will comprise […] Posted by: Nathan Spencer Read more
CDL Hospitality Trust Forward Funds Fiera & Packaged Living’s 352 BtR Scheme Sep 9, 2021 Fiera Real Estate and Packaged Living are pleased to announce the forward funding of the 25 storey, 352-unit build-to-rent scheme on Heyrod Street, Piccadilly East in Manchester to CDL Hospitality Trusts. The development, which will be known as “The Castings”, has a GDV of over £73m and is due to complete in Q2 2024. The […] Posted by: Nathan Spencer Read more
Central London resi market hits 5-year high Mar 11, 2022 Planning applications and permissions for Prime Central London (PCL) residential property in 2021 reached the highest level since 2016, according to new research from Global real estate advisor, CBRE. A total of 1,675 applications and permissions were submitted for PCL in 2021. This represents an increase of 140% when compared with 2020 which saw 698 […] Posted by: Nathan Spencer Read more
Cordia Blackswan and Rainer Developments acquire new Birmingham site Nov 10, 2021 Birmingham-based property developer, Cordia Blackswan – working in partnership with Rainier Developments Limited – has taken the next step in its regional growth journey with the acquisition of its first site in the Digbeth area of the city. Following Cordia Group’s acquisition of Blackswan Property in 2020, Cordia entered the UK market as Cordia Blackswan and outlined an […] Posted by: Nathan Spencer Read more
Crest Nicholson strikes £120m PRS deal with Oaktree Jan 19, 2022 Award-winning developer Crest Nicholson has announced its biggest Private Rental Sector (PRS) deal, worth £120m, with funds managed by leading global investment management firm, Oaktree Capital Management, L.P. (“Oaktree”) and CompassRock International (“CompassRock”). The transaction involves the sale of 403 units across three key developments in Southern England, offering high quality private rental units to […] Posted by: Nathan Spencer Read more
Delivery of 4,000 build-to-rent (BTR) apartments across major UK cities, including London in the pipeline May 4, 2023 The UK BTR market has welcomed game-changing property management firm, ila, as it embarks on an ambitious journey set to deliver 4,000 much-needed homes across the UK over the next four years. Headquartered in Oxford, ila is part of Ridgeback Group, an integrated BTR investor, developer and asset manager. ila bolsters the group’s portfolio with […] Posted by: Mya Driver Read more
DFI snaps up £35.6m Leicester student accommodation block Apr 14, 2021 Investor Deutsche Finance International (DFI) has stepped up its drive to acquire purpose-built student accommodation (PBSA) with a £35.6m purchase of a 462-bed development in Leicester. The London-based firm, which manages nearly €3bn in assets, has completed off-market with developers Watkin Jones on behalf of its pan-European Value Add Fund. The deal represents DFI’s second […] Posted by: Mark Flanagan Read more
Europa Capital grows UK BTR residential platform with acquisition in Manchester Oct 19, 2021 Europa Capital, the pan-European real estate investment manager, announces that it has entered into a forward funding agreement to acquire a new build-to-rent (“BTR”) residential development, in Manchester’s New Cross district, from experienced housing developer Mulbury. Europa Capital has made the acquisition on behalf of its latest value add fund, Europa Fund VI, as it […] Posted by: Nathan Spencer Read more
