Global alternative asset manager, The Carlyle Group, announces that it has strengthened its position in the London student accommodation sector through the acquisition of three sites, for £46 million in aggregate, having received planning permission for their development into student housing. Carlyle has acquired the sites, which include Hammersmith Palais, the former concert venue and nightclub, a property on Ewer Street in Southwark and a site on Goswell Road in Islington, through its joint venture with Generation Estates.
Generation Estates announces the appointment of Jonathan Walker as Development Director. He was formerly Head of Projects at Great Portland Estates having been with them for approaching 7 years.
Jonathan has extensive experience of property development in and around London having also worked with The Osborne Group and City & West End.
Jonathan’s professional experience also includes time with Ove Arup and Shepherd Construction so he brings a wealth of project delivery expertise the Generation Estates.