Blackstone's US-focused property trust, BREIT, has agreed to acquire self-storage operator Simply Self Storage for approximately $1.2 bn (€1 bn) from Brookfield Asset Management.
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Queensgate Investments and Rockwell have been given the green light by the Greater London Authority (GLA) to redevelop the Kensington Forum into an upscale hotel and serviced apartment scheme alongside 62 affordable homes and substantial public realm improvements.
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UK-focused fund manager Moorfield Group and Stor-Age, a South African Real Estate Investment Trust (REIT) and owner of UK self-storage business Storage King, have formed a joint venture to build a £50-100 mln (€109.6 mln) portfolio of self-storage assets in the UK.
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British multinational financial services company Legal & General (L&G) has unveiled plans to fund and deliver a new sciences building with the University of Oxford to the tune of £200 mln (€221 mln).
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French property asset management group Primonial has announced the acquisition of three clinics in France in a sale & leaseback operation on behalf of its pan-European ESI fund. Financial details were not disclosed.
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DTZ Investors has forward funded a 310-room scheme in Earlsfield, London, for its co-living fund, in a deal requiring £70 mln (€77 mln) of total investment.
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Schroder Real Estate in partnership with UK social impact investor Civitas Investment Management have reached a second closing on their closed-end private Social Supported Housing Fund (SoHo), with total equity commitments raised to date of £100 mln (€110 mln).
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A new firm, Limestone Capital, has been launched to 'capitalise on opportunities in the European real estate and hospitality sector', according to its founders, who hail from the real estate and technology industries.
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UK family firm Mercer Farming has acquired an historic Shropshire golf and country club comprising 200 acres of land, in a deal brokered by Knight Frank.
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UK alternative real estate developer-investor Curlew Capital has closed a £60 mln (€66 mln) forward funding agreement with CKC Properties (CKC), for a 185-room purpose built student accommodation (PBSA) development in Bermondsey, South East London.
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Europe’s designer outlet group, McArthurGlen announced on Wednesday that its long-serving CEO, Julia Calabrese, will assume the new role of Vice Chairman, with Susie McCabe and Joan Jove succeeding her as co-CEOs.
