As previously reported, under the terms of the agreement between KAREA
and SHP, KAREA
acquired all outstanding shares of Sentio in an all-cash transaction based on an estimated total asset value of USD 825m.
As a whole, KAREA
's current portfolio includes approximately 16,000 student housing beds (5,400 units), 444 conventional multifamily units and 15,065 self-storage units.
Produced from eggs, which are a maximum of three days old and fully pasturised for extra safety, Karea
omelettes are light and fluffy, and are suitable for use as a tasty snack, a light meal or for use at breakfast.
Effective August 31, 2017, KAREA
owns and operates the SHP portfolio of 33 properties including senior housing communities and medical office buildings in 16 states across the US
These purchases bring KAREA
's student housing portfolio to a total of 20,598 beds and 6,968 units.
Kayne Anderson Real Estate Advisors (KAREA
), which invests in specialized real estate sectors with a primary focus on student housing, has dosed its second fund, KAREP II, at $575 million.
Sister company Karea
, Carvin, France (Fax: 33-21404350), is a specialist in frozen omelettes, and that doesn't mean just your standard ham or cheese variety.
Market conditions for the three properties complement KAREA
's strategy of aligning with experienced development partners in public university markets which portray strong enrollment growth, limited on-campus housing supply and solid barriers to entry.
Besides British new products, there were entries from Perkins Food Group companies on the Continent, including frozen prepared omelettes from Karea
in France, ready meals under the Tavola brand from Perkins Luxembourg, and chilled meat products and the Vivera vegetarian range from Bakker Lekkerkerk in the Netherlands.