All Student accommodation articles – Page 2
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NewsGreen light for major Manchester life sciences and PBSA scheme
The Property Alliance Group, Moda Living and Williams Motor Holdings have secured planning permission for a £450m life science facilities and purpose-built student accommodation (PBSA) scheme in Manchester.
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OnlineAviva Investors pays £150m for student digs portfolio
Aviva Investors has acquired a portfolio of six student assets and a mixed-use commercial investment for £150m.
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OnlineZenzic launches £500m student digs strategy
Leeds Zenzic Capital has launched a £500m UK student accommodation strategy with an initial five schemes.
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OnlineUnite reports letting increase for 2024/5 and expects 5% rent rise
Student accommodation giant Unite has told investors lettings for the start of next year’s academic year are ahead of 2023/24 and rents are forecast to rise by 5%.
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NewsPatron and Curation JV acquires £15m 140-bed Birmingham PBSA scheme
Pan-European institutional investor Patron Capital on behalf of its joint venture with investment manager Curation Capital has acquired a 136-bed purpose-built student accommodation (PBSA) scheme in Birmingham.
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OnlineUnite begins construction on £185m east London PBSA scheme
Student accommodation giant Unite has begun construction of an £185m property in Stratford, east London.
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OnlineMoorfield agrees £15.6m loan from Investec for Lincoln student scheme
Investec Real Estate has provided Moorfield Group with a £15.6m loan to fund the development of a 293-bed purpose-built student accommodation (PBSA) campus in Lincoln.
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InsightA year in review: Residential
While it was a challenging year for housing, with housebuilders’ profits falling and the rental sector beset by government U-turns, later living got its own taskforce and PBSA performed well.
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NewsLong Harbour and Rosethorn Capital Partners launch PBSA JV
Specialist real estate investment, development and management firm Long Harbour is expanding into purpose-built student accommodation (PBSA) through a joint venture (JV) with Rosethorn Capital Partners.
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News
BlackRock raises €774m for Europe Property Fund VI to capitalise on repricing
BlackRock Private Markets has raised €774m (£662m) in initial commitments from global institutional investors at the first closing of the BlackRock Europe Property Fund VI (EFVI).
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NewsStudent Accommodation Awards – Meet our winners
The great and the good of the student accommodation market gathered in Greenwich on 5 December as Property Week revealed the winners of the Student Accommodation Awards 2023.
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OnlineScape Living puts £67m Brighton PBSA scheme on the market
Scape Living has placed a purpose-built student accommodation (PBSA) scheme in the centre of Brighton on the market, seeking offers in excess of £67m.
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NewsCaddick greenlit for final 650-unit phase of Leeds PBSA scheme
Developer Caddick Group has secured planning permission to deliver the 651-unit final phase of its purpose-built student accommodation (PBSA) scheme in Leeds.
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NewsMoorfield Group partners with Melberry for £42m Lincoln PBSA scheme
UK real estate fund manager Moorfield Group has entered into its second development agreement with Melberry Developments, on behalf of Moorfield Real Estate Fund V, for a £42m student accommodation scheme. It is Moorfield’s second project in its ‘Zennor’ partnership with Funding House
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OnlineWatkin Jones appoints Pease as CEO
Alex Pease has been appointed as chief executive of Watkin Jones following the departure of Richard Simpson in July.
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NewsMace launches £56m PBSA asset in Oxford to the market
Construction and consultancy company Mace has brought a purpose-built student accommodation (PBSA) freehold asset in Oxford to the market, seeking offers in excess of £56m.
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NewsGrowing bed shortage drives student accommodation rent hikes
Growth in the number of purpose-built student accommodation (PBSA) beds has slowed by 66.6% since 2019 and the supply shortage is expected to worsen, with an estimated shortfall of 490,000 beds by 2026, the latest annual report from student accommodation portal StuRents shows.
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NewsSouth west London student block listed a £4.75m in upcoming Savills auction
A south-west London freehold student investment of 40 en-suite bedrooms is up for sale at a guide price of £4.75m at Savills 21 November auction.
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NewsIQ Student Accommodation buys two Downing PBSA assets in deal worth reported £370m
IQ Student Accommodation has acquired two purpose-built student accommodation (PBSA) properties in London and Edinburgh from Downing Students in a deal believed to be worth £370m.
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NewsEmpiric Student Property rent and occupancy growth leads to dividend target boost
Empiric Student Property aims to increase its dividend target after reporting 10% like-for-like rental growth for 2023/24 in its trading update for the year to date.
