The highly attractive returns offered by the early mezz debt funds in Europe may be a thing of the past, but development finance is still an interesting alternative, according to Robert-Jan Foortse, head of European Property Investments at the asset management arm of Dutch pension fund giant APG.
Singapore's Mapletree Investments has acquired 31 student housing assets in the UK and Germany from Cuscaden Peak Investments for £1 bn (€1.2 bn).
