1334-bed Canberra student accommodation village on the market
A student accommodation provider is selling its 1334-bed, 12.8-hectare village at the University of Canberra. UC-Campus West consists of six accommodation complexes offering 207 apartments along with common areas for kitchen and bathroom amenities, lounge spaces, and various indoor and outdoor recreational facilities.
Glasgow city site has potential for resi, student or co-living schemes
JLL has brought 0.25 acres at Dixon Street in the heart of Glasgow city centre to market. The site occupies a prominent corner position at the end of Buchanan Street, fronting onto the River Clyde by St Enoch subway station.
Investor boosts supply with 5000 affordable units in 5 campuses
Student housing and received a major boost recently as Axial Nigeria Limited, an investor in that segment of the real estate market, delivered 5000 affordable units in five university campuses, meaning that investment interest in that market segment is growing.
PBSA Returns Outperform All Commercial Property for Third Consecutive Year
CBRE’s latest Purpose Built Student Accommodation (PBSA) Index has reported total returns of 9.8% for the sector in the year to September 2024. According to CBRE UK’s Monthly Index, total returns for all commercial property were 3.5% over the same period, indicating PBSA has now outperformed all commercial property for three consecutive years.
Vita Group partners with Spanish real estate developer on Madrid flex-living scheme
Metrovacesa, a Spanish real estate developer with more than 100 years of history, and Vita Group, the Manchester-based specialist in urban regeneration, have signed a joint venture to develop a flex-living building at Oria Innovation Campus, on Avenida Cardenal Herrera Oria, next to the former Clesa
Watkin Jones appoints two new members to executive suite
Watkin Jones has announced an expansion of its senior team with the recent internal appointments of Gwyn Pritchard, Managing Director of construction and Michael Bunyan, Group Development Project & Cost Director.
Cole Waterhouse makes £200m moves in Trafford
Plans have been lodged for 438 build-to-rent apartments, 419 student beds, and a 24,100 sq ft academic facility at the former Hilti headquarters in Stretford. Cole Waterhouse said its proposals for the two-acre brownfield plot off Trafford Wharf Road represent a gross development value of £200m.
Fusion Group acquires Sauchiehall Street M&S site to kick off £150m regeneration
Fusion Group, the developer behind the project, has purchased the site from the retailer to deliver new student homes and an improved shopping environment aimed at kickstarting Sauchiehall Street’s regeneration.
Balfour Beatty to build student housing in Florida
Balfour Beatty has been selected to deliver on student housing projects in Florida with a combined value of £129m. The individual projects are Rollins College East End Neighbourhood, Florida Atlantic University’s (FAU) 2026 Campus Student Housing project, and Nova Southeastern University’s dining renovation.
Student housing provider Xior sees record demand despite October rent hike
Belgian student accommodation provider Xior Student Housing (Xion) has reported a 'solid' first nine months of the year, with the company reporting that recent rent hikes have not impacted demand, and students are booking up new rooms in 'record time'.