Partners Group and Medan formed a joint venture.

Partners Group, a global private markets investment manager, and Medan, a real estate and asset management firm, formed a joint venture, to acquire built-to-rent and flex living assets in Spain. Financial terms were not disclosed. “We are excited to expand our platform with these new, high-quality projects and continue addressing the sector’s supply shortage. Our strategy puts tenants at the forefront of what we do, designing and developing products in response to evolving ways of living. From traditional multifamily to alternative flex living assets, we recognise that living is not a one-size-fits-all market. By integrating our operations with Nuva Living, we pick up on these trends and continuously improve on our know-how. This also includes high ESG standards, from implementing new certifications like Fitwel to promoting sustainability and community building through tangible initiatives in our operations,” Mario Andrés, Medan Managing Partner.