Global property giant Unibail-Rodamco-Westfield has inked a conditional agreement with a subsidiary of Canadian public pension fund PSP Investments and global real estate company QuadReal Property Group to build a €750 mln private rented sector (PRS) residential scheme next to Westfield Stratford City in east London.
Big pension funds, insurers and major asset managers intensified their investment activity in the week before Expo, with well over €2 bn of real estate changing hands.
