Tenant sales at 93% of 2019 levels in Q1 and 95% in March.

The portfolio being sold includes six standing assets and three facilities under development.

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.