Alternatives

Commercial real estate news including alternatives such as student housing, co-living, data centres, healthcare real estate,nursing homes, student housing, self-storage facilities and laboratories.

Nuveen to acquire self-storage operator in Sweden

Nuveen to acquire self-storage operator in Sweden

Nuveen Real Estate is acquiring 24Storage, the second largest self-storage operator in Sweden. Nuveen has acquired c.92.4% of 24Storage via unconditional share purchase agreements and...
City Office REIT closes $576m sale of life science portfolio

City Office REIT closes $576m sale of life science portfolio

City Office REIT has closed the sale of its holdings in the Sorrento Mesa submarket of San Diego for $576 million. City Office said...
AXA IM Alts buys PBSA scheme in Italy for €40m

AXA IM Alts buys PBSA scheme in Italy for €40m

AXA IM Alts has agreed to acquire a 400-bed purpose built student accommodation (PBSA) scheme in Florence, Italy for €40 million. The acquisition, via...
Apollo to buy Griffin Capital's US wealth distribution, asset management units

Apollo to buy Griffin Capital’s US wealth distribution, asset management units

Global alternative asset manager Apollo has agreed to acquire the US wealth distribution and asset management businesses of Griffin Capital. Apollo said the acquisition is...
Harrison Street sells two student housing portfolios for $1.9bn

Harrison Street sells two student housing portfolios for $1.9bn

Harrison Street has sold two student housing portfolios for a combined $1.9 billion. The portfolios comprise 37 properties and nearly 24,000 beds across 19...
AirTrunk opens its first data centre in Japan

AirTrunk opens its first data centre in Japan

Hyperscale data centre specialist AirTrunk has opened its first data centre in Japan, AirTrunk TOK1 (TOK1). The new state-of-the-art facility is scalable to over...
Brookfield-backed French PBSA operator secures €140m financing

Brookfield-backed French PBSA operator secures €140m financing

Brookfield-backed French purpose-built ctudent sccommodation (PBSA) operator UXCO Group has secured a €140 million financing from BNP Paribas. Secured at competitive terms, this financing transaction...
Vantage tops out first data center in Goodyear, Arizona

Vantage tops out first data center in Goodyear, Arizona

Vantage Data Centers has topped out the construction of its first 32MW data center in Goodyear, Arizona, just outside of Phoenix, one of the...
Hines invests in Hong Kong co-living market

Hines invests in Hong Kong co-living market

Global real estate investment firm Hines has entered the Hong Kong co-living market. The company has acquired the Butterfly on Prat Hotel in the heart of...
Harrison Street adds 26 self-storage properties to portfolio

Harrison Street adds 26 self-storage properties to portfolio

Harrison Street has purchased a portfolio of 26 self-storage properties comprised of nearly 2.7 million rentable square feet and 18,765 units, across six states. The...
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