Deals

Sweden’s interest rate cut diffuses its refinancing crisis, say market participants

The move keeps the country on course to reach a 2% policy rate by 2025 and strengthens expectations of further recovery in real estate transactions.

Patron Capital returns to Cala Group in £1.35bn investment

The London-based private equity real estate firm has teamed up with Sixth Street to buy the UK housebuilder it once owned.

Harrison Street expands senior living portfolio

The five assets are in Massachusetts, Maryland, New Jersey, Pennsylvania and Virginia.

Lone Star starts LSREF VII investing with £580m UK portfolio deal

The Dallas-based private equity real estate firm has kickstarted its fast deployment plans for the $2.7bn vehicle with a large logistics, retail and offices portfolio.

Greykite closes first deal to seed €300m joint venture

The London-based manager, which launched in March, has made the acquisition on behalf of its debut European real estate fund.

NPS’s Kim: ‘We won’t shy away from smaller ticket size opportunities’

The team plans to invest in small to mid-sized managers, co-found new platforms, and accept investments under $100 million.

Aquilius leads A$200m recap for Australia’s Serenitas

Serenitas co-founder GIC exited its stake in the land lease community operator to Mirvac and PEP last year for A$1.01bn.

Blackstone buys pan-European logistics portfolio for €1bn

The New York-based manager bought an 80% stake in South Africa-listed Burstone’s Pan-European Logistics platform on behalf of its BREP X and BREP Europe VII funds.

Brookfield puts London’s Citypoint tower on the market

The debt secured on the 36-storey office building is due to be repaid in January 2025.

Transamerica Pyramid, San Francisco: BVK balks amid tenant lawsuit

The building’s owners have completed $250m in upgrades since 2020, but a lawsuit claims the renovations are too little, too late.