OSLO, NORWAY: Heimstaden Bostad AB strengthened its presence in Denmark through a SEK 3.5 billion acquisition of 1,473 homes in several attractive locations. The portfolio consists of 34 properties, of which 18 are standing assets with 680 homes, including one commercial property. 16 properties are under construction and are acquired in a forward purchase structure…
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Three Pillars Capital Completes $100 million multi-property acquisition next to NRG Stadium
HOUSTON: Three Pillars Capital has completed a massive 3-property multifamily portfolio acquisition reported to be valued at $100 million, a news release said. Combined, the NRG Portfolio comprises of three properties totaling almost 700 units and are located in an opportunity zone, that of the rapidly growing Texas Medical Center, directly neighboring the iconic NRG…
Phoenix Spree announces acquisition of Brandenburg Apartment Complex
LONDON, UK: Phoenix Spree Deutschland Limited has acquired an apartment complex in Brandenburg for €24.2 million. The acquisition will initially be financed by existing cash resources and assumes outstanding bank debt of €16.4 million. It is intended that this will be refinanced in the new year. The property is a former barracks, comprising 259 residential…