Eby pledges $300M towards 1,508-bed, $560M student housing project at UBC
The British Columbia government and the University of B.C. will partner to create housing for more than 1,500 students at the institution’s Vancouver campus, in the province’s largest ever student housing investment, Premier David Eby said Tuesday.
Institutional Property Advisors Brokers Sale of 512-Bed Student Housing Asset in San Marcos Texas
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Uptown Square, a 316-unit, 512-bed, purpose-built student housing asset located adjacent to Texas State University (TXST) in San Marcos, Texas.
The Dot Group forms financing relationship with Blue Owl
Transformational leader in global student living – The Dot Group – has formed a strategic financing relationship with Blue Owl’s GP Strategic Capital platform, which provides minority equity and financing solutions to private capital managers.
Besix invests in Gulf’s biggest student housing PPP
Australia’s Plenary Group and Belgium’s Besix are the main investors – contributing 45% each – in the 23-year concession to design, build, finance and maintain 3,260 student rooms at Abu Dhabi’s Khalifa University.
Investec provides development loan for 397-bed Stratford scheme
Investec Real Estate has provided a development loan for a purpose-built student accommodation (PBSA) scheme in Stratford, East London, with a Gross Development Value (GDV) of £120m. The development was a joint venture between Watkin Jones plc and Housing Growth Partnership.
Student accommodation plans for Leeds office building approved
The proposed conversion of a Leeds city centre office building into more than 100 student flats has been given the green light. Malik Group Holdings Ltd (MGHL) submitted an application to Leeds City Council earlier this year for the change of use of Coverdale House on East Parade.
Tri7 acquires Manchester regeneration site
Tri7 has acquired a site in Manchester for around £16m from Vision Manchester Limited, who went into administration earlier this year after failing to service a loan agreement, allowing Tri7 to take on the stalled project.
Fresh to manage Glassworks PBSA in Bristol
Specialist third-party manager of residential for rent homes – Fresh – has been appointed to lease up and manage the Glassworks PBSA scheme in Bristol, on behalf of UBS AM’s Real Estate & Private Markets business (UBS AM REPM).
Galliard Apsley Partnership seek planning for College Gardens
The joint venture between Galliard Homes and Apsley House Capital – Galliard Apsley Partnership is seeking planning consent for its College Gardens proposals. In February 2023, planning permission was granted to Get Living for 681 student accommodation rooms and 821 Build to Rent apartments.
UK: Student dependent visa ban to remain
Labour has confirmed it has no plans to overturn the previous Conservative government’s restrictive student visa policies.
In an interview with Sky News this week,...