News

Student housing demand normalizing

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Student housing demand appears to be normalizing to a more sustainable trend after record occupancy rates in Fall 2022 and 2023.

UVA Darden to Break Ground on Residential Student Housing

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The University of Virginia Darden School of Business will hold a celebratory ground-breaking in October to mark the upcoming construction of a major project that will provide new, modern residences for students on School Grounds.

CBRE strengthens PBSA Capital Markets capability with new hire

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Global real estate advisor, CBRE, has appointed Mason Gillard-Ellis as a Senior Director in its UK & European Living team, specialising in purpose-built student accommodation (PBSA) portfolio Capital Markets.

Christopher Holloway joins ASK4 as Managing Director of Europe

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ASK4 is excited to announce the appointment of Christopher Holloway as Managing Director of Europe. In addition, several key leadership changes have been made to support ASK4's continued expansion across UK and European markets. 

Real Deals: Fayetteville student housing sells for $72 million

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Irvine, Calif.-based Strategic Asset Management I LLC and an affiliate of Austin, Texas-based Virtus Real Estate Capital have jointly purchased 198-unit student housing development YOUnion at Fayetteville for $72.25 million. The purchase price equals $364,899 per unit.

Park Tower office building to be converted into new student housing

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With the student population at Long Beach State steadily increasing every year, the university must find ways to provide housing for current and future students.

Cairns College of English & Business acquires student residence – StudyTrav

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Australia-based Cairns College of English & Business has expanded its product portfolio with the acquisition of a premium student accommodation residence. Cairns College of English...

​Aviva expands UK living portfolio with Glasgow student housing purchase

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Aviva Investors has added a £23m (€27.6m) student accommodation property in Glasgow to its UK living-sector portfolio. The global asset management arm of insurer Aviva said it has acquired the 99-bed 31 Gilbert Street asset completed in January 2024 and fully-let for the 2024/2025 academic year.

Whitbread releases Norwich PBSA development update

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Hospitality company Whitbread has announced that its new development in Norwich city centre will provide a purpose-built student accommodation (PBSA) element if plans are given the go-ahead. The plans are set to deliver two large blocks that will comprise 491 PBSA rooms.

More student accommodation set for St Lucia

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Construction is set to begin on a 1,000-bed student accommodation complex at The University of Queensland’s St Lucia campus. The $285 million development in Walcott Street has been enabled through a Queensland Treasury Corporation loan with building to start in October.
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