Announced
Completed
Synopsis
QuadReal, a global real estate investment, development and operating company, completed the acquisition of the UNCLE and UK&I residential platforms, from Realstar Group, a real estate investment and management company. Financial terms were not disclosed. “I am incredibly proud of the businesses we have built, the brands we founded, and the people I have worked alongside since launching Realstar’s UK operations nearly 25 years ago. Since the establishment of our UK business, we have worked across sectors from GP surgeries to hotels, BTR, student accommodation and co- living. QuadReal’s investment, particularly over the past five years has turbo-charged our growth, and the business is now in its strongest position yet. I look forward working alongside QuadReal on the UK BTR and student fronts while at the same time seeking out new opportunities for Realstar to grow in the UK and Europe,” Ryan Prince, Realstar Vice Chairman and founder of UNCLE.
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