US alternative investment manager Ares Management Corporation (Ares) has made its European student housing debut with the acquisition of two student accommodation assets providing a total of 1,359 beds in the UK in joint venture with resi developer-investor Generation Partners (Generation).
The assets, located in the cities of Exeter and Cardiff in the UK, were bought for £157.5 mln (€183 mln).
International developer and asset holder Trei Real Estate has concluded 2024 with the opening of its 41st Vendo Park in Poland.
