Digital Realty (NYSE: DLR), a provider of cloud- and carrier-neutral data center solutions, has joined forces with TPG Real Estate, an alternative asset management firm, in a joint venture. In this deal, TPG will acquire a majority stake in three hyperscale data centers in Northern Virginia worth $1.5 billion. Digital Realty will retain a minority […]
US-based real estate investment trust Preferred Apartment Communities has agreed to sell its student housing portfolio to TPG Real Estate Partners (TREP) for $478.7 million. The portfolio being divested comprises eight student housing communities located across Arizona, Florida, Georgia, Texas, and North Carolina. Put together, the communities have over 6,000 beds with a wide variety […]
