Hong Kong Investors Repurpose Hotels for Student Accommodation
Hong Kong’s student accommodation shortage is projected to nearly double to 147,200 beds by 2029-2030, driving investors to convert hotels and office buildings into student housing, exemplified by China Resources Longdation’s $953 million purchase of Hotel COZi Oasis for conversion into 900 beds.
China Merchants REIT and BGO Acquire Hong Kong Student Housing Portfolio
China Merchants Commercial REIT and BGO are buying a fully occupied 205-bed Hong Kong student hostel for HK$528.5m, highlighting continued investor demand for income-generating student housing assets in the city.
Centurion Corp Approaches Acquisition of 26-Storey North Point Building
Mainboard-listed Centurion Corporation has signed a provisional sales and purchase agreement for the acquisition of Yan Woo Building in North Point, Hong Kong, City & Country has learnt.
Singapore Launches Pilot Co-Living Program for Youth
Singapore’s SG Youth Plan has launched a pilot co-living program targeting young adults aged 21 to 35, with two operators offering over 100 discounted rooms to meet growing demand for flexible, independent living options.
South Korea: Student growth accelerates as accommodation struggles to keep pace
Having hit its target of recruiting 300,000 international students two years ahead of schedule, South Korea is shifting from rapid expansion to a more...
Moving-in Day Revisited: what students are still telling us
Every September, the same scene plays out across campuses and cities: cars queue outside receptions, trolleys appear and disappear through doorways, and students carry...
Far East Orchard Receives Approval to Begin Manchester PBSA Development
Far East Orchard’s (FEOR) 239-bed purpose-built student accommodation (PBSA) development at Plymouth Grove, Manchester has received “Gateway 2” approval under the UK’s Building Safety Act, allowing construction to begin.
Hong Kong Faces Potential Shortfall of 137,000 Student Housing Beds by 2028/29
Over 15 hotel assets in Hong Kong have been converted or designated for conversion into student accommodation, adding over 5,000 beds, driven by rising international student enrolment and a significant supply shortfall in the sector.
Turner & Townsend to Lead Conversion of Hotel into Student Housing
Centaline Investment Management (CIM) has appointed Turner & Townsend to manage the conversion of the 17-storey Regal Oriental Hotel in Kowloon City into a student accommodation facility, following CIM’s HK$1.52 billion acquisition of the property from Regal REIT.
JustCo Introduces Co-Living at OG Orchard Point
JustCo will transform OG Orchard Point into JustCo Place, a live-work-play hub combining co-working, retail and more than 120 co-living apartments under its new JustAt brand.
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