-‎Wire-

The Hotel Nelson in Norwich, opposite the train station, is set to be demolished and rebuilt along with dozens of new homes and student accommodation.  Hospitality giant Whitbread, who own Premier Inn, have revealed a new look at the scheme after nearly two years in the works.

Hawkins Way Capital, a fully vertically integrated real estate company with $3 billion of assets under management, acquired Varsity Berkeley student housing in Berkeley, its fifth acquisition in Northern California. Terms were not disclosed.

John Graham Construction has started work on Belfast’s first-ever Passivhaus-certified student accommodation development. The £46m building, on Dublin Road in Belfast, will provide accommodation for 459 Queen’s University students.

Paragon Bank has appointed Oliver Powlesland (pictured) as senior relationship director in its development finance division. In his new role, he will focus on expanding business opportunities in residential, Purpose-Built Student Accommodation (PBSA), and pre-let commercial sectors.

A 62-unit apartment complex at the border of Los Angeles’ Cheviot Hills/Palms neighborhoods was acquired vacant by the University of California, Los Angeles for $39 million in an all-cash purchase. The deal works out to $629k/unit and $465 /square feet.

A $500 million dollar project aims to bring new student housing to Dartmouth college students, freeing up some of the housing stock in Hanover.

Hines, the global real estate investor, developer and manager has acquired ‘Scape Dublin’, a purpose-built student accommodation (PBSA) asset located in the heart of Dublin 2 on behalf of the firm’s Core Plus fund, Hines European Property Partners (HEPP).

Edgbaston-based developer, Lavender Property Group’s purpose-built student accommodation (PBSA) scheme in Birmingham was recommended for approval by Birmingham City Council prior to a planning committee meeting held on 5 September 2024.

Watkin Jones, in partnership with Lacuna Developments, has secured approval for a 1,007-bed purpose-built student accommodation (PBSA) scheme in Belfast’s Titanic Quarter.

Provider of student accommodation – Unite Students – is to submit a planning application to redevelop Mercury Point – one of its key properties in Southampton. Replacing 560 beds, the new PBSA development will deliver 810 beds across two blocks connected by an elevated outdoor terrace.