Regions

Forum Asset Management ('Forum') is pleased to announce that its Real Estate Income and Impact Fund ('REIIF') has entered into definitive agreements to acquire the entirety of Alignvest Student Housing Real Estate Investment Trust's portfolio ('Alignvest') for $1.686 Billion.

Unity Street and Print Hall are neighbouring buildings on the outskirts of Bristol city centre, comprising 226 and 267-beds respectively. Both are under nominations agreement with the University of Bristol, part of the Russell Group. The Curve is a 350-bed property that in Aldgate East, London.

Singapore’s sovereign wealth fund GIC has ruled off a major coup on Australian shores, agreeing terms to sell its student accommodation business for a $1.6 billion gross price – or about three times the $568 million it spent on securing the investment from Singapore-listed real estate investment firm Wee Hur Holdings in 2022.

Nido Living has appointed Dr Beatrice Lafon as Chairperson of its newly established Board. The appointment follows the recent hiring of CEO Carlo Matta and CFO Ryan Lee.

An Bord Pleanála has given the green light for the development, subject to conditions, of a new student housing development in Galway City comprising 257 bedrooms.

Fusion Group, a privately-owned UK student accommodation developer and operator, has appointed Daniel Harris as chief investment officer to support its continued growth.

Glasgow University plans to develop a new PBSA scheme at the current Anderson College site. The redeveloped scheme will comprise 460 PBSA beds, which have been planned as part of a partial demolition of Anderson College.

Vita Group has carefully shaped its proposals for Birmingham’s Goods Station through extensive engagement with the local community, key stakeholders and Birmingham City Council.

Quebec’s public pension manager and commercial real estate firm Walker & Dunlop Investment Partners expect to double the size of a joint venture they started nearly three years ago to invest in US housing. The JV makes preferred equity investments in student housing, manufactured housing and multifamily properties.

CEE Student Housing Fund will have capacity to finance the construction of housing for up to 3,500 students in Poland, the Czech Republic, Slovakia, Lithuania, Latvia and Estonia. The project scope includes the construction of at least seven buildings in major academic cities over the next five years.