Property investment giant launches into the UK build-to-rent market
American firm CA Ventures has hired Tim Phillips to lead a £380m-a-year foray into Europe’s BtR and PRS scene, starting with the UK.
Tag: Property Investor News
Meyer Bergman joins forces with CC Land for £1.25bn Whiteleys scheme
Meyer Bergman and CC Land have formed a joint venture to bring forward the ambitious reinvention of the Bayswater landmark, with additional backing from Apollo.
Resi investors shun Canary Wharf
Canary Wharf is transitioning into a place to live as well as work, says Savills; a third of buyers in the area are international, and over a third of households earn more than £100k a year. But the proportion of investment buyers has tumbled from 42% in 2016 to just 10% since 2018…
LCP & APG team up for new hotel brand; launch with prime South Ken acquisition
London Central Portfolio has formed a joint venture with APG (which recently teamed up with Delancey to buy Earls Court), acquiring the Harrington Hall site in South Kensington as an inaugural “lifestyle hotel” project.
UK Sotheby’s Realty to ‘explore tokenisation’ of two luxury properties
UK Sotheby’s International Realty has partnered with PropTech platform Smartlands to look into blockchain-powered fractional ownership options for a London penthouse and a Greek villa.
Delancey completes Earls Court acquisition; plots ‘an entirely new vision for the site’
Capital & Counties has offloaded its stake in the Earls Court development to Delancey and APG for £425m. The firm has picked up two new properties in Covent Garden, and “is now positioned as a prime central London property investment business and will convert to UK REIT status before the end of 2019.”
European property firm faces €14.5m GDPR fine for ‘data cemetery’
Deutsche Wohnen, which has a portfolio of 165,500 homes, has been handed a huge fine by Berlin’s GDPR regulator
Plentific raises £25m to fund international expansion plans
Tech-led property management platform Plentific has secured a massive chunk of investment to fund growth in the UK, Europe and US.
Capco offloads Earls Court for £425m
Delancey and APG have exchanged contracts on Capco’s Earls Court portfolio (excluding Lillie Square) for £425m
Meyer Bergman’s VC arm backs CapitalRise
Luxury property crowdfunding platform CapitalRise has secured a £1m equity investment from Meyer Bergman’s Revolt Ventures
Europe’s resi real estate investors are ‘bullish’ despite Brexit & regulatory concerns
Paris, Berlin and Frankfurt are the top picks for real estate investment in 2020, reports PWC