Pacific Urban Residential has acquired the 138-unit Skyline Terrace Apartments in California for $108m (€99.3m), according to people familiar with the matter. The property, first developed in 1967, located in Burlingame, a southern suburb of San Francisco was sold by Institutional Property Advisors on behalf of Equity Residential. Dedeaux sold 6275 Lance Drive industrial facility in Riverside to an unnamed buyer in February this year The Nordic infrastructure fund is investing up to DKK1bn to help expand offshore wind turbine facilities.