Business Improvement Districts (BID) perform best when they are owner driven rather than tenant driven, Matthew Bauer of the Madison Avenue Business Improvement District and Gary Reeves of the New West End Company said at Mapic, the international market for retail real estate, in Cannes.
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).
