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Glenhawk Secures £11.7m Loan to Refinance Aberdeen PBSA Scheme

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Glenhawk provided an £11.7 million, two-year loan to refinance a purpose-built student accommodation scheme in Aberdeen, enabling the borrower to implement a business plan focused on appointing a new managing agent and increasing occupancy and rental income.

HB Reavis Approved for Waterloo Office-to-PBSA Conversion

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HB Reavis has secured planning consent to convert 10 Leake Street, an outdated office building near London’s Waterloo station, into a 233-room purpose-built student accommodation (PBSA) scheme, designed by PLP Architecture.

South London to Approve 465 Student Flats and Family-Sized Social Housing

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Summix OCS Developments Ltd has submitted plans to Southwark Council to build 465 student flats across two blocks on Ossory Road and 26 social rented family homes on Verney Road, with planning permission expected on March 3.

Telford Living Proposes 520-Bed PBSA Development in Bethnal Green

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Telford Living, the UK residential development arm of Trammell Crow Company, has submitted a planning application for a 520-bed purpose-built student accommodation (PBSA) scheme in Bethnal Green, East London, on a 0.9-acre brownfield site near Bethnal Green Underground station and Queen Mary University campuses.

Sale Price Disclosed for Adelaide Student Accommodation Site

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Journal Student Living acquired a 2747 sqm site on North Terrace, Adelaide, for $26.29 million, planning a $400 million student accommodation tower that marks its entry into the Adelaide market and aims to address the city’s significant housing shortfall for students.

£59m Cadogan Street PBSA in Glasgow Approaches Planning Approval

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A £59 million purpose-built student accommodation (PBSA) scheme proposed for 38 Cadogan Street in Glasgow city centre is progressing towards planning approval, signalling a significant new addition to the city’s student housing pipeline.

Colliers Names New Director for Living Capital Markets

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Colliers has appointed Edmund Hendry as director in its living capital markets team, strengthening its leadership in the PBSA sector.

Unite Students Sells £186m London Property to USAF to Finance Higher-Yield Investments

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Unite Students is selling its 571-bed St Pancras Way London asset to USAF for £186 million, slightly below book value, securing at least £115 million in cash and modestly increasing its stake in the fund.

Telford Living Proposes 520-Bed Student Housing Development in London

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Trammell Crow Company’s UK residential division, Telford Living, has submitted a planning application to Tower Hamlets for a 520-unit PBSA scheme on the former LEB Building site near Cambridge Heath Road, designed by Allford Hall Monaghan Morris.

Louisiana Developer Secures $250M Financing for FIU Student Housing Project

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Provident Resources Group, led by CEO Christopher Hicks, acquired a 1.3-acre student housing site near Florida International University in Sweetwater for $22.5 million, resolving prior litigation between Workforce Housing Partners and Nef.

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