Crest Nicholson cuts profit outlook on weaker summer sales

Crest Nicholson cuts outlook as weaker sales weigh on completions

Crest Nicholson Holdings plc has lowered its FY26 profit and completion expectations after weaker-than-anticipated summer trading, while reporting progress on debt reduction and cash...
NMHC Rent Payment Tracker finds rent payment rate at 93 percent of prior month

NMHC Rent Payment Tracker finds rent payment rate at 93 percent of prior month

The National Multifamily Housing Council (NMHC) found that 84 percent of apartment households made a full or partial rent payment by April 12 in its second survey of 11.5 million units of professionally...
KKR snaps up multifamily portfolio for $2.1bn

KKR snaps up multifamily portfolio for $2.1bn

Global investment firm KKR has agreed to acquire a portfolio of 18 multifamily assets from a closed-ended fund sponsored by Quarterra Multifamily for $2.1...
Kingstone raises €150m for German affordable housing strategy

Kingstone raises €150m for German affordable housing fund

Kingstone Real Estate has completed the fundraising for its open-ended institutional real estate fund, Kingstone Bezahlbares Wohnen Deutschland I, securing €150 million in equity...

HUB and Bridges buy Southwark office for residential conversion

HUB, in partnership with Bridges Fund Management, has acquired 42 Southwark Bridge Road for , with plans to transform the 100,000 sq ft office...
DRC Savills IM provides senior loan for Madrid student accommodation

DRC Savills IM provides senior loan for Madrid student accommodation

DRC Savills Investment Management LLP, a real estate debt specialist under Savills IM, has granted a senior loan for the refinancing of Coliseo Europea...
Bell Partners buys two multifamily properties in Boston

Bell Partners buys two multifamily properties in Boston

Bell Partners Inc. has acquired Hanover Westford Valley and Hanover Westford Hills, two adjacent multifamily properties located in Westford, Mass., on behalf of the...
Greystar sells Class A multifamily community in Florida

Greystar sells Class A multifamily community in Florida

Greystar Real Estate Partners has sold Avana Isles, a 214-unit Class A apartment community in the Boynton Beach / Delray Beach submarket of Palm...
Legal & General buys build-to-rent tower in Manchester

Legal & General buys build-to-rent tower in Manchester

Legal & General (LGIM Real Assets) has exchanged contracts to acquire a new build-to-rent (BTR) tower “North Tower” in Deansgate Square, Manchester on behalf...
Apollo agrees to sell stake in Miller Homes to Daiwa House

Apollo agrees to sell stake in Miller Homes to Daiwa House

Apollo-managed funds have agreed to sell an approximately 30% minority stake in UK housebuilder Miller Homes to Japanese construction and real estate group Daiwa...
Aviva forms JV with Moda Living for £400m Birmingham BTR scheme

Aviva forms JV with Moda Living for £400m Birmingham BTR scheme

Aviva Capital Partners (ACP), Aviva’s capital unit investing in real estate and infrastructure projects, has formed a joint venture with Moda Living, a developer...
Deutsche Wohnen, Vonovia to create Europe’s largest residential real estate group

Deutsche Wohnen, Vonovia to create Europe’s largest residential real estate group

Germany's publicly listed residential property companies Deutsche Wohnen SE and Vonovia SE have signed an agreement to combine the two companies. The business combination...

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