UKREiiF’s Post

Sirius Real Estate (LSE:SRE, JSE:SRE, OTC:SRRLF) has notarised the €13.75 million (£11.73 million) acquisition of a German business park in Klipphausen, near Dresden, together with an adjacent land parcel, funded from the proceeds of last November's €165 million capital raise.  It represents the third asset to be acquired by Sirius in Germany this calendar year, and the sixth asset to be acquired across both Germany and the UK in recent months. Sirius acquired the site from a corporate owner-occupier who plans to vacate the building, which is expected to be six months after deal completion. In order to allow a smooth departure from the property, Sirius has granted the vendor a six-month lease, which can be extended by two months at their option, in return for a rent of €200,000 per month. More at #Proactive #ProactiveInvestors #LSE #JSE #OTC #SRE #SRRLF #Germany #businesspark http://ow.ly/sG1w105k7qn

Blackstone recently sold its stake in a premium Sentosa Cove apartment complex to BlackRock, characterized by analysts as a stressed financial rights transaction. Back in 2014, Blackstone invested S$367 million (US$276 million) in a profit participation scheme tied to Sentosa’s Quayside Collection mixed-use development, retaining cashflow rights from the residential segment for almost a decade, despite a 41% decline in unit prices since their peak. Analysts estimate Blackstone bought its stake in The Residences at W Sentosa at S$2,400 per square foot, but current prices are at S$1,747 per square foot, limiting financing options. BlackRock reportedly paid S$1,200 to S$1,300 per square foot to acquire Blackstone’s rights in the profit participation scheme, closing the deal in October. Blackstone funds usually run for eight years, extendable by two, and the City Developments Limited scheme fundraising closed in 2012. #PrivateEquity #RealEstate #Singapore I Mingtiandi - Asia real estate intelligence I  Michael Cole I Bea Laforga 

🚨 Cala Group Acquired in £1.35 Billion Deal 🚨 The sale of Cala Group to Sixth Street Partners and Patron Capital highlights investor confidence in the UK housing market and the drive to address the undersupply of homes. Cala, set to deliver 3,000 homes in 2024, will benefit from fresh capital and strategic support. From a sector perspective, this acquisition emphasises the role of institutional investors in promoting sustainable growth and tackling the UK's housing challenges. Sixth Street and Patron Capital are not just financing growth—they’re shaping the future of UK housing. #RealEstate #PrivateEquity #HousingCrisis #Investment #Growth

🌍Arrow Global Group announces their further expansion into Germany, through the acquisition of INTERBODEN Gruppe, a leading real estate developer. "Interboden’s capabilities provide Arrow with immediate scale and presence in one of Europe’s largest real estate markets. [...] This acquisition, for a minimal outlay, is perfectly aligned with our objectives and leverages Interboden’s deep local expertise.” - Zachary Lewy, Founder, CEO, and Chief Investment Officer at Arrow Global This deal "will enable our business to grow by combining our local knowledge and expertise with an institutional approach to investment during a time of stress in the German real estate market." - Dr. Rene Maler, CFO of Interboden Read more about Arrow's expansion and how the two businesses plan to utilise the deal and continue growing in Germany and Europe, via the article linked below. 👇 https://lnkd.in/djkheT-F #Germany #PropTech #RealEstate ---- 💡 Follow PropTech Connect for daily Real Estate and PropTech news and insights.

🏡 Invitation Homes Expands: Plans $1B Investment in Housing 🏠 🌐💼 Invitation Homes, the leading single-family rental (SFR) player, is set to make waves with its strategic plans for 2024. Here's a snapshot: 📈 Investment Strategy: 💰 Plans to invest $600M to $1B in house acquisitions this year. 🤝 Additional $100M to $300M through joint ventures. 💲 May sell $400M to $600M in wholly owned houses to fuel acquisitions. 💼 Strategic Advantage: 🌐 Aiming to extend professional property and asset management services. 🔄 Already managing a third-party owner's portfolio of 14K SFR properties. 🚀 CEO Dallas Tanner sees it as a "strategic leap forward" for Invitation Homes. 🌐 Platform Expansion: 📊 Operating platform available to residents, joint venture partners, and large portfolio owners. 🤖 Utilizing technology for increased efficiency, scale, and margin expansion. 🤝 Seeking strategic partnerships for future acquisition opportunities. 📊 Fiscal Performance (2023): 🏠 Portfolio 97% occupied, showcasing resilience and demand. 📈 Rental rates increased by 6.3%, reflecting the robust performance. 🎤 CEO Dallas Tanner's Vision: 🌍 Believes platform size and scale drive down the cost of living. 🤝 Wants to collaborate with professional capital for better market intelligence. https://lnkd.in/gBd3pGkd 🚀🏡 #RealEstateInvesting #PropertyManagement #StrategicGrowth 📈🔑

EQT Exeter Real Estate Income Trust, Inc. announced two strategic acquisitions, 3327 E Harrisburg Pike in Middletown, #Pennsylvania for over $170 million and 1500 Shoals Way in #Portland, Tennessee for $75 million. Both industrial properties were constructed last year and are fully leased by commercial tenants with each property carrying a 10+ year lease. Capitalizing on its fresh start and lack of legacy issues, EQRT continues to pursue strategic acquisitions in line with market dynamics and in key U.S. submarkets seeing long-term growth. The 1,200,000+ square-foot central Pennsylvania property is strategically positioned near the regional hubs of two major American shipping carriers and within a 5-mile radius of Harrisburg International Airport and the Norfolk Southern Rutherford Railyard. Due to this expansive transport and interstate highway network, the property lies in a critical distribution hub that offers easy access to the northeast U.S. population, including major coastal markets from Boston to #Washington, DC. The 638,000+ square-foot Tennessee property is located near multiple highways. Half of the U.S. population lives within 650 miles or a 1-day trucking distance, including Nashville, one of the fastest growing markets in the U.S. Accessibility to both customers and prospective employees, in addition to advanced, onsite manufacturing capabilities, are important factors for industrial properties as some commercial tenants prioritize nearshoring their operations and expanding their local manufacturing footprint. “EQRT is investing in #America’s supply chain and will continue to focus on acquiring industrial real estate that supports the growth ambitions of our commercial tenants, which include major distributors and manufacturers,” said Ali Houshmand, EQRT Portfolio Manager. “We remain committed to our tenant-centric, vertically-integrated strategy. ” EQRT acquired the Pennsylvania and Tennessee properties with proceeds from the sale of $91,200,000 Class E units of its operating partnership to EQT Exeter Holdings US, Inc., an affiliate of EQRT’s sponsor, in addition to proceeds from debt financings. EQRT is externally advised by Exeter Property Group, LLC (“EQT Exeter”), the real estate division of EQT AB, a purpose-driven global investment organization. EQRT focuses on properties that can leverage EQT Exeter’s scale and long-standing direct leasing relationships with Fortune 1000 companies. EQRT will generally seek to invest approximately 80% in properties with business tenants, such as industrial or life science properties, and approximately 20% in #realestate assets with consumer users, such as multifamily or self-storage properties. EQT Group To share your startup story write us on - contact@startuprise.co.uk #EQT #acquisition #news

Acquiring these 6 sought-after acquisitions compliments CAPREIT's high-grading strategy, while working with community housing providers to preserve affordable housing. It’s a win-win situation for housing supply for Canadian families. #REITSforhousing #cre #realestate #realestatetransaction #acquisition #bestplacetoinvest

I'm pleased to share that we successfully raised $25M in the first quarter for our newest offering focused on developing Class A properties in high-growth markets. This follows last year's huge success where we oversubscribed our 4th value-add offering and raised $114M while adding 17 assets to our portfolio despite headwinds experienced by many others. My sincere appreciation goes out to all who believe in and support our vision and to the incredible 10 Federal team for making it happen with their data-driven approach. Read more here- https://lnkd.in/efs9U2wK #SelfStorage #CRE #CommercialRealEstate #RealEstateInvestment #RealEstateDevelopment #AlternativeInvestments #GrowthMarkets #PassiveIncome #OpportunityFund #ClassAProperties #PrivateEquity #ValueAdd #DataDrivenInvesting #CapitalRaising #RealEstateInvesting #Proptech

Four years ago today, Matheson Capital acquired Greenwood Village Townhomes in Charlotte, NC. We purchased this 24-unit, newly renovated property for $3,300,000, and, despite several COVID related set backs, sold it for $4,000,000 in March of 2022. This was a big step for us. At the time, Greenwood Village was our largest acquisition and our first acquisition in Charlotte, one of our favorite markets. If you would like to gain access to our exclusive investment opportunities, join our mailing list, which is linked to in the comments. #multifamilyinvesting #multifamilysyndication #apartmentinvesting #charlotterealestate

Relationships run deep in this business. After all, isn't that the point? Several years ago one of the senior people in a fund we do business with left the group to join a new fund, which was backed by a very well known billionaire family office. While we still continued our relationship with the old fund—and in fact closed several deals after this person left the fund—we also kept in touch with her as she set up shop at her new fund. Not only did we help identify a killer JV deal for this new fund for a client that retained us, when the time came for her to move on and partner in starting a new pref shop, we were right there by her side to help get it off the ground, thus resulting in us providing an opportunity and sourcing the first two deals the new fund transacted on. Some people follow the money. Others follow the deals. We like to think we follow the people, as this is after all a relationship-based business, and indeed our business is built on decades of strong and unique relationships. Here is their current area of focus: Equity Type: Preferred Equity Asset Type: Multifamily, industrial, select office, retail and self storage Check size: $1M - $40M Target Region: Sunbelt, Southeast, California Hold Period: 3-5 years Rates: 12%-16% Can do ground-up construction Notes: Can go behind Freddie and FNMA If this is helpful to you, please reach out. We've recently completed 50 preferred equity deals totaling $500,000,000 of preferred equity dollars, representing $5 billion worth of transactions sourced from our over 275 active preferred equity relationships. We focus on raising JV and preferred equity checks of $10 million to $50 million, and have recently completed over $1.35 billion of equity raised encompassing nearly $7,500,000,000 ($7.5 billion) of transactions covering the placement of equity across the country. Please reach out at 212-365-0281 or via email at marc@marcbelsky.com if we can assist you with JV or preferred equity for your real estate transactions. Thank you Marc Belsky Jonathan Heller Mark Rosenzweig Keidra Gordon Giovanny Escobar Steven Kaufman #realestateequity #preferredequity #prefequity #multifamily