News

Far East Orchard has established its first private fund in Singapore, and completed its first closing of £70 million (S$120.1 million) on Thursday (Aug 22).

A new landmark development for Journal Student Living in an area undergoing an exciting transformation in Melbourne’s CBD is nearing completion. Nestled within the Queen Victoria Market precinct, the site is located on Market Way at 100 Franklin Street.

Greenwich Council’s old Riverside House offices in Woolwich could be enlarged and converted into student accommodation and a hotel under plans published this week.

A planning application has been submitted to transform the building at 250 St Vincent Street into a 150-bed accommodation. The structure was built in 1878 and is category B listed. It historically housed a hotel and has been empty since 2018.

Illinois-based Inland Private Capital Corp. (IPC) has sold Uptown Square, a 512-bed student housing property located in the Central Texas city of San Marcos.

Plans to demolish a derelict cinema in Nottingham and replace it with student flats have been given the green light. Developer Zen Nottingham Limited will be knocking down the former cinema building, on Queen’s Road, to make way for a new six to nine-storey tower block.

ASX-listed construction giant Lendlease and Australia’s largest owner-operator of student housing, Scape, have received final approval for their A$1.7 billion ($1.2 billion) transformation of Queen Victoria Market in central Melbourne.

Global real estate investment manager Landmark Properties has appointed Alex Katsnelson as senior director of European investment as it continues to expand into the region.

Core Spaces has announced its first-ever project in Raleigh, North Carolina — Hub Raleigh, a 2,195-bed student housing property underway near the North Carolina State University main campus, according to a news release shared with Multifamily Dive.

The proposed site is located just opposite the University of Central Lancashire’s Burnley Campus, between Princess Way and Stanhope Street, minutes away from the town centre and railway station.