Grainger, the UK's largest listed residential landlord, said on Thursday that it has exchanged contracts to forward fund and acquire Merrick Place, a 401-home build-to-rent development scheme in Southall, West London, for £141 mln (€166 mln).
Ares Management, the US firm, has struck an agreement with French start-up, Colonies, to acquire and refurbish affordable co-living apartments in major urban centres across Western Europe.
