Deal sees Japanese group inject €600m into target
Joint venture has acquired 418-bed Sheraton Park
Randolph joins from CBRE
Vendor Värde Partners paid €115m for the property in 2014
Fund VII will continue the same investment strategy as Patron’s previous funds
Leumi UK provided an £8.5m loan to acquire the student resi property
The assets will be managed by Almero Student
The mixed-use scheme boasts 185,000 sq ft of workspace and 288 flats
First Base and investor Patron Capital have lodged plans for MK Gateway
Debut scheme will see West Drayton hotel repurposed as affordable housing for public sector partners
Properties will be managed by Almero Student
Founder Breslauer says pandemic has revealed “sound but mismanaged” assets