Residential and Student Accommodation
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Mace’s Develop business, part of the international consultancy and construction company, has completed the sale of part of its student accommodation portfolio to Ares Generation, a joint venture between a fund managed by the Real Estate Group of Ares Management Corporation (“Ares”) and Generation Partners LLP (“Generation”). This is the first acquisition of student accommodation in the UK for the Ares Generation joint venture.
Earlier this week saw Mace join with Ronson Capital Partners LLP (RCP) to celebrate the structural completion at Chiltern Place, a 15-storey high-end residential development in the heart of London’s Marylebone Village.
Last week saw Mace, Fraser Property, YOO Design and Caddick Developments celebrate the completion of the exterior of Vauxhall Sky Gardens. Due for completion in 2017, Frasers Property and Caddick Developments are undertaking the redevelopment of a site at 143 to 161 Wandsworth Road in London.
Chapter London focuses on the wellness of its residents with buildings offering a wealth of amenities and exceptional customer service to create the very best resident experience.
Mace’s development arm has announced that it has appointed the main contractors for two student housing schemes, one in Exeter and one in Cardiff.
Mace’s plans for a mixed-use residential and student development on Hoyle Street in the centre of Sheffield have been approved by Sheffield City Council.