Regions

Greykite, the new investment firm launched by former TPG executive Michael Abel, is scouting the market for industrial, student housing and living acquisitions as the market enters 'a unique point' in the investment cycle.

The planned student scheme, known as Perryian Works, will be located at 1 Lancaster Circus and and involves building towers rising to 40 and 50 storeys. The proposals will support the continued growth of nearby universities, with Aston and Birmingham City University only a short walk away.

Today, LV Collective, a multifamily and student-oriented real estate developer, Kayne Anderson Real Estate, an alternative real estate investment management firm and Pacific Life, an insurance company announced the closing of their newest luxury student-oriented multifamily development in Tempe.

UC Santa Cruz will house up to 400 upper-division undergraduate students and more than 60 employees at a soon-to-be-constructed apartment complex to be built by a private developer, pending final review by the UC Board of Regents.

Cerberus Capital Management has extended a £66.2 million (€75.4 million) loan to aid in financing two development projects spearheaded by Partners Group and Host Student Housing UK, a student housing and co-living investment collaboration.

Ascott Residence Trust (ART) will acquire a freehold student accommodation asset in Champaign, Illinois, US for US$83.25 million ($112.4 million).

The European Investment Bank (EIB) has unveiled a series of investments which will see €500m in funding made available for home retrofitting and a further €200m for student accommodation across Ireland.

Leading provider of finance, accounting, and back-office services in the purpose-built student accommodation (PBSA) and Built to Rent sectors – QX Global Group – has appointed Philip Hillman as its Senior Consultant for Living Real Estate Sectors.

Waterford City and County Council has granted conditional planning permission for the construction of purpose built student accommodation in Waterford City.

Asset manager Legal & General Investment Management (LGIM), on behalf of Legal & General Retirement Institutional (LGRI), has recently announced the completion of its first direct-let purpose-built student accommodation (PBSA) acquisition, following the purchase of the Aqua Portfolio from Global Student Accommodation (GSA).