Residential

Gatehouse Investment Management has unconditionally exchanged on the acquisition of 71 homes in Horwich, near Bolton from Bellway Homes for its ‘UK PRS’ single-family build-to-rent (SFBTR) portfolio.

Louise Schaldemose will take on her new role on 1 October and will support an experienced team of local Heads of Letting across all Heimstaden’s locations.

Altera Vastgoed has selected BAM Wonen to give part of its 1980s residential property portfolio a sustainability upgrade.

St Hilda’s College, part of Oxford University, has bought a grand Victorian building in the city centre to provide more accommodation for its postgraduates and visiting students from overseas.

Colliers has been seeing a fundamental shift in the German residential and commercial investment markets ever since the ECB began raising interest rates in the summer of 2022. Purchase prices for multifamily properties have dropped an average of 17%, moving back to the levels recorded in 2018. Prices are not expected to gener...

The market situation is difficult, and this is also reflected in the half-year figures of The Grounds Real Estate Development AG. The group achieved sales revenues totalling €16.2 million in the first half-year of 2023 (H1 2022: €21.4 million). The group loss amounts €1.1 million.

Tishman Speyer has acquired a housing project with 88 unit in Grenzach-Wyhlen, near Basel. The seller was Dutch developer Ten Brinke. The project, secured in a forward deal, will become part of an open-ended Special Fund.

Aukera Real Estate AG has concluded a senior secured financing for a property in the Netherlands. After refinancing a Dutch portfolio of more than 65 properties just a few weeks ago , the Aukera Real Estate Debt Lux. fund, structured as a Luxembourg S.C.A. SICAV RAIF, this time refinanced a development near completion with 53...

Heimstaden Bostad, through its subsidiaries Heimstaden Czech s.r.o and Heimstaden Czech Pilsen s.r.o, has secured a sustainability-linked bank financing of €700 million.

Harrison Street announced that it has teamed up with DeA Capital to acquire 430 build-to-rent units across two new assets in Madrid and Alicante.

This is the second time this year that the asset manager has invested in the German capital on behalf of its German Real Estate Fund IV (GREF IV). The acquired residential property is located on Mansteinstrasse in Berlin-Schöneberg.

Drum Property Group has completed the final phase of construction for G3 Square in Finnieston, Glasgow.

Trei Real Estate, which will focus only on the German, Polish and U.S. markets in the future, continues its focus despite the difficult market environment for developers. As the company has now announced, the development pipeline amounted to EUR 1.9 billion as of June 30, 2023.

Pembroke welcomed Stockholm’s mayor Karin Wanngård together with 80 guests to the groundbreaking ceremony of their latest mixed-use development Hästen 21.

Vandor has appointed Jules Choukroun as CEO to expand its co-living investments in Spain and new European markets.

Threestones Capital on the acquisition of the Ginkgo portfolio, which comprises two retirement homes. The properties are located in Cologne and Künzell; the sellers are companies belonging to the Huk-Coburg insurance group.

Greystar has completed the acquisition of The Orchard I, a residential site comprising 407 apartments in the sought after area of Bogaard city centre in Rijswijk. Greystar acquired the building from Sterpassage Rijswijk, an affiliate of 3W real estate and AT Capital.

Neinor Homes and Orion Capital Managers, on behalf of the Orion European Real Estate Fund V, have agreed to acquire the first two land plots for its Spanish build-to-sell (BTS) joint venture (JV) where Orion holds a 90% stake on this vehicle while Neinor owns the remaining 10%.