Industry News

L&G has today announced the acquisition of the first Build To Rent (BTR) site in its partnership with Nest and PGGM . This follows the recent launch of the partnership to build thousands of high-quality rental homes, seeking to deliver stable financial returns for institutional investors. This investment expedites the capital deployment of the portfolio expected to grow up to £1 billion in the coming years. The development, known as F1, will deliver highly sought-after, sustainable rental accommodation in the...

Areim has completed an additional capital raise for its Nordic data centre fund, Areim DC Fund, bringing total raised capital to EUR 900 million. The capital raise was significantly oversubscribed and adds both Nordic and international institutional capital, further diversifying the investor base. Over the past two years, Areim has raised more than EUR 1.2 billion of capital to the platform, including equity, debt, and bond capital. Source: areim.se on the 5 March 2025 https://www.areim.se/areim-announces-successful-additional-capital-raise-of-eur-450-million-for-the-areim-dc-fund/

Fidelity International ("Fidelity") announces the acquisition of a logistics property in Nuremberg for the 'Fidelity Real Estate Logistics Impact Climate Solutions Fund SCA SICAV-SIF' ("LOGICs"). This strategic acquisition marks the second German property for the fund, which continues to expand its portfolio in key European markets. The Nuremberg property offers superb infrastructural connections to multiple superregional highways and benefits from proximity to a harbour and an airport. It was completed in 2010 and is fully let to the third-party logistics...

The 212-unit part-retrofit development, located directly opposite Kingston train station, sets a new ESG benchmark for the UK Living sector as the first UK co-living project set to achieve a full suite of sustainability ratings, such as BREEAM ‘Outstanding’, Fitwel 3* and WiredScore ‘Platinum’. The landmark co-living project will also provide dual means of escape to all floors. Following our strict technology-led approach to reducing emissions, The Rex is set to meet 2030 LETI targets for whole-life embodied carbon, with...

Ardian , a world-leading private investment house, and Rockfield Real Estate, a vertically integrated living platform, announce that they have completed a new investment as part of their pan-European strategy dedicated to Purpose-Built Student Accommodation (PBSA), following their first investment in Florence last November and a recent one in Barcelona. The building is a highly innovative and sustainable newly constructed property located at Via Serlio 26/2, in the center of Bologna, just 10 minutes from the central station and easily...

With the commencement of the construction of Bloom Park on 3 March, the green light has been officially given for the creation of a car-free and sustainable Merwede. This urban district in Utrecht will be home to around 6,000 dwellings. The first project, Bloom Park, will be located in the northern part of Merwede, and will boast 189 homes: 85 owner-occupied homes and 104 rental homes. Real estate investor Altera has purchased the rental homes on behalf of the Altera...

BlackRock Inc . (NYSE:BLK) today announced the successful completion of its acquisition of Preqin, a premier independent provider of private markets data. This strategic transaction strengthens BlackRock’s ability to serve clients’ whole portfolios — across public and private markets — by combining investment, technology, and data solutions in one platform. Private markets are the fastest-growing segment of global investing, with alternative assets projected to reach $30 trillion by the end of the decade, according to Preqin data. As capital markets...

Octopus Investments (Octopus), an investment manager on a mission to invest in the people, ideas and industries that will change the world, has today announced it has launched the Octopus Real Estate Debt Fund IV (OREDF IV). The fund will provide senior-secured, transitional debt, unlocking depreciated real estate and development sites to create modern places to live and work in the UK. OREDF IV, which is targeting a raise of £750 million, will fund senior-secured acquisition, development and stabilisation loans...

EQT Real Estate has acquired a former museum in France’s capital and plans to transform it into student accommodation. The investment firm’s EQT Real Estate II fund bought the 1,800 square metres building in the Docks de Saint-Ouen district of Paris, formerly the Pierre Cardin Museum, for an undisclosed sum. The building is being converted into a 202-unit student residence, scheduled to open for the 2026- 27 academic year. Source: realassets.ipe.com on the 3 March 2025 https://realassets.ipe.com/news/eqt-buys-former-museum-building-in-paris-for-student-accommodation/10129222.article