News

Yugo has been appointed to manage a newly acquired 6,200-bed portfolio by Morgan Stanley Investment Management and Global Student Accommodation, marking the largest U.S. student housing transaction of 2025 and expanding Yugo’s managed assets to 86 properties with 40,000 beds across 29 states.

Heriot REIT has commenced construction of The Fibonacci, a nine-storey student accommodation development near UCT, Damelin, and CPUT in Cape Town, offering 574 units with integrated amenities including retail, co-working spaces, parking, gym, rooftop terrace, and padel courts.

Fortis Vision completed a £12.5m redevelopment of four former office buildings into a 108-bed purpose-built student accommodation (PBSA) scheme in Leeds City Centre, delivering new studio apartments, amenity spaces, and study areas over 16 months.

The University of Washington Tacoma received Board of Regents approval for a new housing and dining development set to accommodate about 500 students by late 2029, marking the introduction of its first traditional dining hall.

The University of Texas System Board of Regents approved a $108 million investment to build a new 456-bed, four-story student housing complex at UTEP, addressing four years of full-capacity demand amid record enrollment growth.

Accolade Campanile will be located next to SDSU’s existing on-campus housing, across from the southern entrance to the school at the corner of Montezuma Road and Campanile Drive. The development will also include 4,200 square feet of ground-floor retail space, complementing existing shopping and restaurants in the vicinity.

Avenir Homes, a Longford-based construction firm, has secured a three-year extension to complete a student accommodation and residential development in Athlone, extending the deadline to August 2030.

Starkville’s board of aldermen approved a $3.35 million tax increment financing (TIF) agreement to support the $45 million Sandcreek Redevelopment Project, a joint venture by Desai Companies and York Developments, featuring a 100-room Home2Suites hotel and a 504-bed student housing complex on a 21.6-acre site off Highway 12.

Longford-based Avenir Homes, led by developer Mark Cunningham, secured planning approval for a mixed-use development in Westmeath, comprising 122 residential units, 283 student bedspaces, and a modern creche across Cartrontroy, Kilnafaddoge, Lissywollen, and Ardnaglug.

The University of Miami will replace Mahoney-Pearson Residential College with Gables Village, a new 573,804-square-foot complex featuring 1,458 beds—mostly single rooms—along with study lounges, classrooms, recreational spaces, and a 700-seat dining hall, scheduled to open in Fall 2028.