News

The Conygar Investment Company has submitted a detailed application for the next phase of development at The Island Quarter, Nottingham. The application comprises a 383-bed student accommodation scheme.

A new lower-cost purpose-built student accommodation (PBSA) model, which would include smaller "pod-type" rooms of just 10 square metres (including an en-suite), could help...

Texas State University students will soon have a new place to call home after the university purchased $151 million in apartment complexes. The downtown San Marcos apartments were purchased as a way to alleviate housing availability issues.

Florida A&M’s 700-bed student housing project is continuing to move forward. The university announced on Tuesday they signed a $97.5 million 30-year federal loan to assist with financing the housing project, which was approved in November.

Balfour Beatty has started construction of the West Slope Residences, a new student accommodation project, for the University of Sussex, having achieved financial close in December 2023. Balfour Beatty Investments will invest equity of £32m, representing 81% of the £39.5m project equity, with the University of Sussex acting as a co-investor providing the remaining 19%.

Greystar was selected, along with the development firm’s nonprofit partner, Provident Resources Group, by the University of Washington’s Board of Regents to lease four University-owned student housing properties.

Plans for more student accommodation in Dundee have been approved by councillors despite a raft of objections. The proposal for a five-storey building of 98 studio apartments on Douglas Street was unanimously backed by councillors at a planning committee meeting on Monday.

Real estate debt advisory Karis Capital has arranged a £25.25m development loan for JV partners Zenzic Capital and Torsion Group to deliver a 183-unit student accommodation development in Leeds.

Subsidiary of Trinova Real Estate – Tribell – has acquired the Kirby Street Residence, a PBSA scheme in London on behalf of STARS REI. The seller LUCKY DELTA is a Hong Kong based consortium and CBRE acted on behalf of the company. Kirby St Residence comprises 128 large studio rooms.

EQT Exeter announces first investment in the French residential student market with the acquisition of two student-housing assets totalling 430 studio units. The two assets are on-track to be completed in 2025 and will offer best-in-class amenities including study areas, gyms, co-working spaces and roof terraces as well as excellent sustainability credentials which will set a new benchmark for product quality.