News

Vita Group has secured a £68.7m green loan from LaSalle Investment Management to finance the delivery of Vita Student Gough Street – a new 540-bedroom PBSA scheme in central Birmingham.

Award-winning operator Nido Living has launched The Fabric Works – a new 402-bedroom purpose-built student accommodation (PBSA) scheme in Leeds on behalf of joint venture partners H.I.G and Primus.

Period Projects Limited has submitted proposals to Southampton City Council for a new purpose-built student accommodation (PBSA) scheme in the conurbation. The proposed redevelopment is located on an industrial site in the Southampton suburbs at 346, 350 and 352 Burgess Road in Swaythling.

Several existing buildings have already been demolished on the site, whilst numerous older and architecturally interesting elements have been retained and will be sympathetically incorporated into the new scheme, which will comprise 76 studio rooms.

A joint venture between Bainbridge Cos. and an affiliate of Blue Vista Capital Management has sold Campus Circle, a 181-unit, 524-bed student housing community in Urbana, Ill. Horizon Realty Advisors acquired the asset.

BWE has secured a $47 million loan for the refinancing of Lakemoor Station, a 240-unit student housing community located near the University of Tennessee campus in Knoxville.

Following the opening of its new campus in September 2023, Scotland’s only theatre school accredited by the Council of Dance, Drama and Musical Theatre (CDDT) – The Scottish Institute – has announced that it is looking for a strategic partner to develop up to 200 PBSA apartments.

Plans from Glasgow University to build student housing on a west end car park are to go on display to the public. The university is looking into building a block of flats on Lillybank Gardens, near Hillhead Subway Station.

The University of Coimbra is renovating the Alegria student residence to create better conditions for its students.

Close Brothers Property Finance, part of Close Brothers Group plc, announces the appointment of Chiara Caldwell (née Zuccon) to the newly created role of Managing Director of Structured Finance, to spearhead business growth across Purpose Built Student Accommodation (PBSA) and Build to Rent (BTR).