News

CBRE’s latest Purpose Built Student Accommodation (PBSA) Index has reported total returns of 9.8% for the sector in the year to September 2024. According to CBRE UK’s Monthly Index, total returns for all commercial property were 3.5% over the same period, indicating PBSA has now outperformed all commercial property for three consecutive years.

Metrovacesa, a Spanish real estate developer with more than 100 years of history, and Vita Group, the Manchester-based specialist in urban regeneration, have signed a joint venture to develop a flex-living building at Oria Innovation Campus, on Avenida Cardenal Herrera Oria, next to the former Clesa

Watkin Jones has announced an expansion of its senior team with the recent internal appointments of Gwyn Pritchard, Managing Director of construction and Michael Bunyan, Group Development Project & Cost Director.

Plans have been lodged for 438 build-to-rent apartments, 419 student beds, and a 24,100 sq ft academic facility at the former Hilti headquarters in Stretford. Cole Waterhouse said its proposals for the two-acre brownfield plot off Trafford Wharf Road represent a gross development value of £200m.

Fusion Group, the developer behind the project, has purchased the site from the retailer to deliver new student homes and an improved shopping environment aimed at kickstarting Sauchiehall Street’s regeneration.

Balfour Beatty has been selected to deliver on student housing projects in Florida with a combined value of £129m. The individual projects are Rollins College East End Neighbourhood, Florida Atlantic University’s (FAU) 2026 Campus Student Housing project, and Nova Southeastern University’s dining renovation.

Belgian student accommodation provider Xior Student Housing (Xion) has reported a 'solid' first nine months of the year, with the company reporting that recent rent hikes have not impacted demand, and students are booking up new rooms in 'record time'.

Planning permission for a the proposed redevelopment of the CAFRE Greenmount campus outside Antrim was granted at a meeting of Antrim and Newtownabbey Borough Council’s Planning Committee on Monday evening, October 21.

Work on a new waterfront development featuring shops, leisure businesses and student accommodation in York is set to begin in early 2026 after plans were approved.

UC Berkeley is set to transform its student housing landscape with the proposed Bancroft-Fulton Student Housing project, a 23-story tower southwest of campus meant to address an urgent need for on-campus accommodations.