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).
Real estate investor, developer and asset manager, Firethorn Trust has appointed Charlie Ingham as director of Firethorn Investment Management, its third-party investment, development and asset management services offering.
