QuadReal Property Group has fully acquired the UNCLE brand in the United Kingdom and Europe as well as Realstar’s UK&I residential operating platform, which will be renamed.
The transaction consolidates the operating company under QuadReal. Ryan Prince will remain as CEO for the next 12 months. After this transition period, he will move to the role of non-executive chairman. The current team will remain to expand the business.
QuadReal and Realstar launched their first joint venture in 2017, expanded the relationship through asset acquisitions. In 2021, QuadReal purchased a minority interest in the Realstar UK operating company.
Today the platform manages nearly 6,000 residential units across London, Manchester, Birmingham, Leeds, and Dublin. A substantial portion of this portfolio operates under the UNCLE brand, which is known for its award-winning design, amenity spaces, and innovative resident services that offer unprecedented flexibility. UNCLE is cons