Latest news with #QuadReal
Yahoo
2 days ago
- Business
- Yahoo
QuadReal acquires 3,500 bed student housing portfolio for over £500m from Apollo
LONDON, July 31, 2025 /CNW/ - QuadReal Property Group ("QuadReal"), a global real estate investment, development and operating company, has acquired an eight-asset, 3,460 bed purpose-built student accommodation (PBSA) portfolio from Apollo-managed funds and entities. The high-quality portfolio is comprised of assets located in key PBSA markets across the UK, including London, with 75% of the portfolio situated within proximity of prestigious Russell Group universities. All the buildings were developed within the last five to seven years to a high specification, and are well amenitised with gyms, co-working spaces, audio-visual rooms, common areas, and event spaces. Residential is an area of high conviction for QuadReal. PBSA specifically is a resilient and a counter-cyclical asset class that offers stable income, structural demand, and long-term growth potential. With persistent undersupply in key university cities, growing international and domestic student populations, and a shift towards higher-quality, professionally managed accommodation, PBSA provides both defensive characteristics and attractive risk-adjusted returns. The UK PBSA sector is expected to outperform other asset classes over the next few years on the back of resilient market fundamentals. The country has the largest student population in Europe, as well as the highest share of international students, with overall full-time student numbers continuing to rise. The UK market is structurally undersupplied, with an estimated shortfall of 840,000 units expected by 2027. QuadReal has significant experience in the residential and student accommodation sectors. Its global portfolio includes over 65,000 residential units and 28,000 student beds, predominantly in North America and Australia. In the UK, QuadReal has over 8,500 residential units and 1,000 student beds across 29 communities and has delivered more than 1,300 units in 2024 alone, in part via its partnership with Realstar. The asset manager for this portfolio of PBSA is OPRE Solutions. Jay Kwan, Managing Director, Europe, at QuadReal said: "Across our global portfolio, we are highly selective about the assets we acquire, and target markets with strong fundamentals and significant demand drivers. With resilient demand, structural undersupply, and a large cohort of international students, we have been actively looking to grow our PBSA exposure in the UK and this is an opportunity to expand our student housing platform." Kristian Branum-Burns, Senior Vice President, Europe, International Real Estate, at QuadReal said: "This transaction is fully aligned with our fundamentals-driven residential strategy in Europe, and student accommodation is a crucial sector for us. These are high quality, amenity-rich assets servicing in-demand universities across the country, and the portfolio is well placed to deliver sustained rental growth over the coming years." About QuadReal Property Group QuadReal Property Group is a global real estate investment, development and operating company headquartered in Vancouver, British Columbia. Its assets under management are $94 billion. From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and debt in both the public and private markets. QuadReal invests directly, via programmatic partnerships and through operating platforms in which it holds an ownership interest. QuadReal seeks to deliver strong investment returns while creating sustainable environments that bring value to the people and communities it serves. Now and for generations to come. QuadReal: Excellence lives here. SOURCE QuadReal Property Group View original content to download multimedia: Sign in to access your portfolio
Cision Canada
31-07-2025
- Business
- Cision Canada
QuadReal acquires 3,500 bed student housing portfolio for over £500m from Apollo
LONDON, July 31, 2025 /CNW/ - QuadReal Property Group ("QuadReal"), a global real estate investment, development and operating company, has acquired an eight-asset, 3,460 bed purpose-built student accommodation (PBSA) portfolio from Apollo-managed funds and entities. The high-quality portfolio is comprised of assets located in key PBSA markets across the UK, including London, with 75% of the portfolio situated within proximity of prestigious Russell Group universities. All the buildings were developed within the last five to seven years to a high specification, and are well amenitised with gyms, co-working spaces, audio-visual rooms, common areas, and event spaces. Residential is an area of high conviction for QuadReal. PBSA specifically is a resilient and a counter-cyclical asset class that offers stable income, structural demand, and long-term growth potential. With persistent undersupply in key university cities, growing international and domestic student populations, and a shift towards higher-quality, professionally managed accommodation, PBSA provides both defensive characteristics and attractive risk-adjusted returns. The UK PBSA sector is expected to outperform other asset classes over the next few years on the back of resilient market fundamentals. The country has the largest student population in Europe, as well as the highest share of international students, with overall full-time student numbers continuing to rise. The UK market is structurally undersupplied, with an estimated shortfall of 840,000 units expected by 2027. QuadReal has significant experience in the residential and student accommodation sectors. Its global portfolio includes over 65,000 residential units and 28,000 student beds, predominantly in North America and Australia. In the UK, QuadReal has over 8,500 residential units and 1,000 student beds across 29 communities and has delivered more than 1,300 units in 2024 alone, in part via its partnership with Realstar. The asset manager for this portfolio of PBSA is OPRE Solutions. Jay Kwan, Managing Director, Europe, at QuadReal said: "Across our global portfolio, we are highly selective about the assets we acquire, and target markets with strong fundamentals and significant demand drivers. With resilient demand, structural undersupply, and a large cohort of international students, we have been actively looking to grow our PBSA exposure in the UK and this is an opportunity to expand our student housing platform." Kristian Branum-Burns, Senior Vice President, Europe, International Real Estate, at QuadReal said: " This transaction is fully aligned with our fundamentals-driven residential strategy in Europe, and student accommodation is a crucial sector for us. These are high quality, amenity-rich assets servicing in-demand universities across the country, and the portfolio is well placed to deliver sustained rental growth over the coming years." About QuadReal Property Group QuadReal Property Group is a global real estate investment, development and operating company headquartered in Vancouver, British Columbia. Its assets under management are $94 billion. From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and debt in both the public and private markets. QuadReal invests directly, via programmatic partnerships and through operating platforms in which it holds an ownership interest. QuadReal seeks to deliver strong investment returns while creating sustainable environments that bring value to the people and communities it serves. Now and for generations to come. QuadReal: Excellence lives here.
Business Wire
31-07-2025
- Business
- Business Wire
QuadReal Acquires 3,500 Bed Student Housing Portfolio for Over £500m from Apollo
VANCOUVER, British Columbia--(BUSINESS WIRE)--QuadReal Property Group ('QuadReal'), a global real estate investment, development and operating company, has acquired an eight-asset, 3,460 bed purpose-built student accommodation (PBSA) portfolio from Apollo-managed funds and entities. The high-quality portfolio is comprised of assets located in key PBSA markets across the UK, including London, with 75% of the portfolio situated within proximity of prestigious Russell Group universities. All the buildings were developed within the last five to seven years to a high specification, and are well amenitised with gyms, co-working spaces, audio-visual rooms, common areas, and event spaces. Residential is an area of high conviction for QuadReal. PBSA specifically is a resilient and a counter-cyclical asset class that offers stable income, structural demand, and long-term growth potential. With persistent undersupply in key university cities, growing international and domestic student populations, and a shift towards higher-quality, professionally managed accommodation, PBSA provides both defensive characteristics and attractive risk-adjusted returns. The UK PBSA sector is expected to outperform other asset classes over the next few years on the back of resilient market fundamentals. The country has the largest student population in Europe, as well as the highest share of international students, with overall full-time student numbers continuing to rise. The UK market is structurally undersupplied, with an estimated shortfall of 840,000 units expected by 2027. QuadReal has significant experience in the residential and student accommodation sectors. Its global portfolio includes over 65,000 residential units and 28,000 student beds, predominantly in North America and Australia. In the UK, QuadReal has over 8,500 residential units and 1,000 student beds across 29 communities and has delivered more than 1,300 units in 2024 alone, in part via its partnership with Realstar. The asset manager for this portfolio of PBSA is OPRE Solutions. Jay Kwan, Managing Director, Europe, at QuadReal said: 'Across our global portfolio, we are highly selective about the assets we acquire, and target markets with strong fundamentals and significant demand drivers. With resilient demand, structural undersupply, and a large cohort of international students, we have been actively looking to grow our PBSA exposure in the UK and this is an opportunity to expand our student housing platform.' Kristian Branum-Burns, Senior Vice President, Europe, International Real Estate, at QuadReal said: ' This transaction is fully aligned with our fundamentals-driven residential strategy in Europe, and student accommodation is a crucial sector for us. These are high quality, amenity-rich assets servicing in-demand universities across the country, and the portfolio is well placed to deliver sustained rental growth over the coming years.' About QuadReal Property Group QuadReal Property Group is a global real estate investment, development and operating company headquartered in Vancouver, British Columbia. Its assets under management are $94 billion. From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and debt in both the public and private markets. QuadReal invests directly, via programmatic partnerships and through operating platforms in which it holds an ownership interest. QuadReal seeks to deliver strong investment returns while creating sustainable environments that bring value to the people and communities it serves. Now and for generations to come. QuadReal: Excellence lives here.
National Post
31-07-2025
- Business
- National Post
QuadReal Acquires 3,500 Bed Student Housing Portfolio for Over £500m from Apollo
Article content VANCOUVER, British Columbia — QuadReal Property Group ('QuadReal'), a global real estate investment, development and operating company, has acquired an eight-asset, 3,460 bed purpose-built student accommodation (PBSA) portfolio from Apollo-managed funds and entities. Article content The high-quality portfolio is comprised of assets located in key PBSA markets across the UK, including London, with 75% of the portfolio situated within proximity of prestigious Russell Group universities. All the buildings were developed within the last five to seven years to a high specification, and are well amenitised with gyms, co-working spaces, audio-visual rooms, common areas, and event spaces. Article content Article content Residential is an area of high conviction for QuadReal. PBSA specifically is a resilient and a counter-cyclical asset class that offers stable income, structural demand, and long-term growth potential. With persistent undersupply in key university cities, growing international and domestic student populations, and a shift towards higher-quality, professionally managed accommodation, PBSA provides both defensive characteristics and attractive risk-adjusted returns. Article content The UK PBSA sector is expected to outperform other asset classes over the next few years on the back of resilient market fundamentals. The country has the largest student population in Europe, as well as the highest share of international students, with overall full-time student numbers continuing to rise. The UK market is structurally undersupplied, with an estimated shortfall of 840,000 units expected by 2027. Article content QuadReal has significant experience in the residential and student accommodation sectors. Its global portfolio includes over 65,000 residential units and 28,000 student beds, predominantly in North America and Australia. In the UK, QuadReal has over 8,500 residential units and 1,000 student beds across 29 communities and has delivered more than 1,300 units in 2024 alone, in part via its partnership with Realstar. The asset manager for this portfolio of PBSA is OPRE Solutions. Article content Jay Kwan, Managing Director, Europe, at QuadReal said: Article content 'Across our global portfolio, we are highly selective about the assets we acquire, and target markets with strong fundamentals and significant demand drivers. With resilient demand, structural undersupply, and a large cohort of international students, we have been actively looking to grow our PBSA exposure in the UK and this is an opportunity to expand our student housing platform.' Article content Kristian Branum-Burns, Senior Vice President, Europe, International Real Estate, at QuadReal said: Article content This transaction is fully aligned with our fundamentals-driven residential strategy in Europe, and student accommodation is a crucial sector for us. These are high quality, amenity-rich assets servicing in-demand universities across the country, and the portfolio is well placed to deliver sustained rental growth over the coming years.' Article content About QuadReal Property Group Article content QuadReal Property Group is a global real estate investment, development and operating company headquartered in Vancouver, British Columbia. Its assets under management are $94 billion. From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and debt in both the public and private markets. QuadReal invests directly, via programmatic partnerships and through operating platforms in which it holds an ownership interest. Article content Article content Article content Article content
Yahoo
12-06-2025
- Business
- Yahoo
Facility pilot projects should move quickly and focus on value, not cost: experts
This story was originally published on Facilities Dive. To receive daily news and insights, subscribe to our free daily Facilities Dive newsletter. SAVANNAH, Ga. — Facility managers and building operators must act with intention and speed when it comes to piloting and integrating new technologies, according to speakers at Realcomm IBcon. 'You have to have a very tight plan and rigor around innovation, which sometimes sounds counterintuitive,' Thano Lambrinos, senior vice president of digital buildings, experiences and innovation at QuadReal, said in a panel discussion. Acting with rigor comes down to putting structure around pilots, which should only last for about four to six weeks, depending on the technology, Lambrinos said. 'You have to know what your business challenge is and what you're actually trying to solve for, and not just running around with pieces of technology that are hammers and everything's a nail,' he said. Moving past the pilot phase often requires working with vendors to ensure that piloted technology is production-ready from the start, according to Neil Ross, head of corporate real estate product and technology management at Walmart, who previously held roles at Microsoft and Schneider Electric. 'When we made a decision about which vendors to go with and we wanted to pilot, we built it as a production-ready pilot,' said Ross, noting that many times even standing up a pilot can take months when you factor in security, privacy, procurement and other concerns. 'We would go into a pilot with the intent that we're going to grow this.' Identifying your business challenge requires taking lessons from salespeople in the industry, Lambrinos said. 'Because you're really selling within your organization … on why whatever business problem you're trying to solve is a real problem and is actually a good idea for you to tackle,' he said. 'It's about the outcomes,' said Timothy Cook, vice president of smart building technology innovation at Goldman Sachs. 'Don't get caught up. The tech is here. It's ready to be adopted [and] it's going to meet you where you are. Focus on those outcomes with all your stakeholders and push.' For example, when Walmart wanted to implement new building management technology at a corporate campus in Bentonville, Arkansas, Ross found that the number of sensors that were needed were much higher than expected, meaning his budget request was going to jump from about $3 million to $5 million. 'There were things that changed along the way, but [for] everything we did, we had a value equation,' Ross said. 'If we do this, this is the value that the organization receives, and this is going to lead to operational improvements.' For every technology the company planned to implement, it talked to stakeholders about value, Ross said. 'We talked about value before cost. If you want to derive the benefit from all of this, and this is the value that you receive, [then] this is the cost that's it going to take,' he said. In addition, it helps to prepare the organization for things to go wrong, Lambrinos said. 'We've had iterations of things that we've tried that have failed miserably … but we contained it. We thought something was going to be great, and it didn't work,' he said. 'Contain the blast radius. Make sure that when you're piloting or trying things out, that you don't do a big, full-scale rollout before you know how it works.' In the end, operating successful pilots comes down to testing the strategy you have, defining the criteria for success and being ready to fail and move on, Lambrinos said. Recommended Reading JLL, Microsoft integrate indoor mapping tech to speed workplace transformation Erreur lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données
