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Latest Student Property News
Knight Frank has appointed Jonathan Goode to its student accommodation valuations team.
Empiric Student Property has announced Lynne Fennah as the company’s new chief financial officer, taking over in June.
Crosslane Student Developments has secured planning consent for a 583 bed purpose-built student accommodation development on Friar’s Road in Coventry.
Student property search engine University Cribs has expanded to list accommodation in the London market as part of a new deal student accommodation providers CRM Students and Homes for Students
Empiric Student Property’s portfolio valuation leapt 37.7% to £721.3m at the end of December.
Crosslane Student Developments has secured conditional planning consent to deliver a new, 117 bed purpose-built student accommodation development on Woodhouse Square in Leeds.
GCP Student Living has increased its firepower by agreeing debt deals totaling £235m with PGIM Real Estate Finance.
Liberty Living has become the UK’s second largest student accommodation group following a £460m deal to buy a portfolio of almost 6,500 beds from Blackstone.
Last year was a tough one for housebuilders. The Brexit vote sent the share prices of the big listed companies tumbling, and many held off on land acquisitions because of the market uncertainty, particularly in central London.
Last week, I had the pleasure of sitting down with my Dutch housing association counterparts to try to explain to them how the London market works and how people struggle to afford to live in London. Discussing this out loud really brought home just how broken the market is.