Harrison Street Real Estate Capital was one of the portfolio sellers in the joint venture’s latest deal. The Canada Pension Plan Investment Board and Singaporean sovereign wealth fund GIC Private Limited have expanded their US student housing platform with three portfolio deals acquired for $1.6 billion, according to a joint statement.
International student accommodation company GSA is on target to deliver its latest 400-bed development in Dublin. The development, which also includes shops, restaurants, cafes and a gym, is to be built on a 2.5 acre site on Mill Street in Newmarket in the southwest inner city. It is expected to be complete by September.
A $125 million assisted living facility that will have a special focus on dementia patients was recently approved to be built in Jericho. HSRE-EB, a partnership of Engel Burman Group and Harrison Street, also plans to gift 8.5 acres of undeveloped land at the 10-acre site to the Town of Oyster Bay to be preserved forever.