This acquisition will increase PHP's portfolio to a total of 524 assets.

The hurdles weighting on young couples and result in excluding them from real estate market transactions.

The acquisition comes off the back of the firm’s recent purchase of a senior living property in central Toulouse.

The existing church building will see significant refurbishment undertaken to ensure it is restored to its former glory.

These acquisitions demonstrate a wider theme at play across the strategy’s office portfolio.

The rating upgrade reflects “Cyprus’ stronger-than-anticipated economic and public finance performance during 2021.

The four newly-built Grade A freehold assets, totaling 370,000 square feet, are located in Harlow, Greater London, and let to low-risk covenants.

The office will initially host up to 200 of Patrizia’s London-based employees, including its new Patrizia Infrastructure business.

Mäander is located in an established innovation cluster near Munich.