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UNCLE’s Collaboration With QuadReal Shows That Not All Investors Feel Cities Are Dead
January 12, 2021 14:29 ET | Source: QuadReal QuadReal Vancouver, British Columbia, CANADA
UNCLE announces $1BN transformative investment to grow to over $5BN of assets over the next five years
VANCOUVER, British Columbia, Jan. 12, 2021 (GLOBE NEWSWIRE) Realstar Group announced that QuadReal Property Group has invested c.$1B to acquire a majority interest in eight of its UK assets (seven in London, one in Manchester). Four of these assets form part of Realstar’s UNCLE branded rental housing portfolio, including its flagship 45-story tower in the centre of Elephant & Castle, as well its Stockwell, New Cross and Manchester buildings.