Global real estate advisor CBRE has been instructed to seek offers on a super prime, operational purpose built student accommodation (PBSA) asset, The Garage in Egham, Essex.
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Newcore Capital Management, a social infrastructure investment manager, has secured planning consent for the development of a 105,000 sq ft (9,750 m2) life sciences centre adjacent to Imperial College London’s campus at Ascot on the edge of London.
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Macquarie Asset Management has reached an agreement with Antin Infrastructure Partners to acquire Roadchef, a major UK motorway service area with 30 locations across the UK motorway network.
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Crossroads Real Estate (Crossroads), Primevest’s Holland Immo Group (HIG) and Apcoa Parking have announced the acquisition of the real estate and the operation of the parking garages in Scheveningen and Vlaardingen, the Netherlands, from the owners and founders of BKS Parking. Financial details were kept confidential.
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PKF hospitality group, the consulting firm in hotel, living, tourism and leisure, has opened an office in Madrid, Spain, to cover the Iberian Peninsula.
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The Dutch government has imposed a nine-month moratorium on the construction of massive new data centres for tech firms while new planning regulations are worked out.
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PGIM Real Estate has emerged as the buyer of a portfolio of six modern purpose-built care homes in the UK from LGIM for just over £70 mln (€84 mln).
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Extended stay hotels specialist Edyn has acquired Hotel Ascot in Zurich, which it plans to refurbish and relaunch under its lifestyle brand, Locke.
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Global investment group Eurazeo has formed a strategic partnership with the Public Sector Pension Investment Board (PSP Investments), one of Canada’s largest pension investment managers, to invest in European hospitality.
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German investment manager Union Investment has acquired a hotel in Barcelona, Spain, which opened in November 2018 under the Barcelona 1882 brand and will be converted to a Radisson Blu as part of the acquisition process.
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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.
