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£120m deal struck to buy BioCity laboratory park group A new company will run science parks in Glasgow, Aberdeen and across England Sign up to FREE email alerts from businessInsider - Subscribe When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice BioCity has been bought in a £120m deal, creating the UKâs biggest life sciences business park group. US property firm Harrison Street and UK property collective Trinity Investment Management joined forces to buy the science incubator and business unit group. ....
£120m deal struck to buy BioCity laboratory park group business-live.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-live.co.uk Daily Mail and Mail on Sunday newspapers.
2021-03-09T12:39:00+00:00 A joint venture between Harrison Street and Alta Real Estate is developing a 260-bed student accommodation asset in Spain. The four-story purpose-built student accommodation asset in Salamanca, which is expected to deliver in July, will be managed by Global Student Accommodation’s (GSA) Nexo Residences, the companies said in a joint statement. The property will offer 260 studio apartments and amenities including a gym, study lounges, cinema room, outdoor seating and terraced garden and parking. Financial details were undisclosed. The Salamanca property is part of a pipeline of over 1,000 beds that the Harrison Street and Alta Real Estate joint venture currently has across select leading university cities in Spain, including Barcelona, Oviedo and Salamanca. ....
Life sciences, the burgeoning asset class ready to emerge in Europe As the sizeable transactions carried out in recent months by some of the world’s most prominent institutional players indicate, real estate investor interest for the life sciences sector is rising. Established, well-defined and specialised clusters have emerged in the US as a growing asset class. Still at a very early stage in Europe, it is poised to do the same on our continent. ....
Glasgow housing plans : proposals for 433 houses on former Strathclyde Police HQ site attract £80m of funding The planned development A LANDMARK housing development on the site of the former Strathclyde Police headquarters on Pitt Street in Glasgow has taken another step forward with the securing of £80 million of funding by the investors behind the “Holland Park” scheme. Apache Capital Partners and Chicago-based real-estate investment management firm Harrison Street have secured the debt funding to finance the construction of Moda Living’s build-to-rent neighbourhood on the site, comprising 433 homes. The four-year debt facility provided by BentallGreenOak will fund the “construction and stabilisation of Holland Park”, the partners said. ....