Regions

Lee McLean will become CEO of Placefirst on 3 August, succeeding David Mawson who steps down after six years and moves to executive chair. McLean joins from Campus Living Ventures, where he was CEO for seven years, bringing extensive residential sector experience.

Londonderry House, a vacant 175-bedroom student accommodation block in Birmingham city centre, is set for auction on 9 July by Bond Wolfe with a guide price starting at £695,000.

UTILE launched a new 168-unit non-profit student residence in downtown Montreal, housing 269 students since June 1, strategically located near key cultural districts and public transit.

The Tanzanian government is constructing 13 new hostels across higher learning institutions to accommodate 6,750 students, aiming to address accommodation shortages and improve student welfare and safety on campuses.

A 300-bed purpose-built student accommodation (PBSA) asset, ViBE Kingston, comprising 189 ensuites and 111 studios with extensive amenities, has been placed on the market, offering a net initial yield of 5.85%.

Cain has launched a UK-focused purpose-built student accommodation (PBSA) strategy, aiming to deliver 2,000 beds, with its first asset secured as a 353-bed development on London’s Greenwich Peninsula in partnership with RG Real Estate.

The City of Milan has awarded a 35-year public-private partnership contract to GE City Srl Impresa Sociale and Imera Srl to complete and manage a long-abandoned student housing project on Via Ucelli di Nemi in Ponte Lambro, transforming two six-story buildings into a 200-bed complex with community services.

The North Road student accommodation proposal retains its original permit with a 2024 extension, requiring development to start by November 2026 and finish by 2028, featuring a refined design of studios, single-bedroom, and accessible units alongside enhanced communal amenities and parking exceeding statutory standards.

Invel Real Estate has committed €18 million to develop approximately 1,100 purpose-built student accommodation beds in Milan and Padua through a new partnership with Stonehill International Group, marking its entry into the Italian PBSA market.

The University of Tampa is pursuing up to $150 million in bond financing for a new student housing development at 110 South Boulevard, marking the first public disclosure of the project’s financial scope.