International
Starlight, Blackstone Acquire 746 Units in Canada
The portfolio comprises six communities located in Toronto and Montreal, which include low-, mid- and high-rise buildings. This marks Blackstone’s first investment in the Canadian multifamily market.
Greystar JV to Expand London Student Housing Portfolio
The firm has partnered in a $461.6 million equity investment strategy along with PSP Investments of Canada and Allianz Real Estate to grow Chapter. The joint venture plans to add 10,000 beds in the next five years.
$204M Chinese Project Attracts US, German Capital
Century Bridge Capital and Deutsche Finance Group are investing in the 1,427-unit community, which will be located in Xuzhou, a northeastern gateway city between Beijing and Shanghai.
Oakwood Worldwide Increases Asian Presence
The company plans to double its portfolio in 2018 with properties, including a 144-unit community in Yangzhou and a 163-unit community Sanya, both in China.
Lotus Capital Arranges $237M for London Apartments
Proceeds from the financing will pay off an existing construction loan and cover carrying costs for Belgravia Gate, a row of townhouses converted to 12 luxury units.
Hines to Enter Italy’s Student Housing Market
The company plans to develop a student housing community that will offer 600 beds, including micro-housing units, located near Bocconi University.
Greystar, Henderson Park Plan World’s Tallest Modular Towers in London
The community will include 44-story and 38-story towers with a total of 550 units. Construction of the project in the city’s Croydon neighborhood is slated to start in 2019.
American, British Firms Partner to Develop Student Housing
Harrison Street Real Estate Capital and Crossland Property Group will develop four projects totaling 1,267 beds in regional U.K. university cities.
Harrison Street Snags German Student Housing Portfolio
The company purchased 1,000 units in cities throughout the country from MPC Capital AG, which will continue to manage the STAYTOO-branded properties.
Foster + Partners Completes First Lebanon Project
3Beirut encompasses 1 million square feet of residential and retail space. The development is part of the master-plan for the regeneration of central Beirut.