Regions

St Andrews University is pressing ahead with plans to provide an extra 700 student beds in town to help take the pressure off the private rental market. Now, the university has applied for full planning permission for the student development, working alongside Campus Living Villages.

The Netherlands has established a national action plan to expand student housing stock. The plan calls for 60,000 new beds to be in place by 2030, to address a current and growing shortfall in student housing throughout the country.

Regal London, the London developer, has submitted plans for a purpose-built student accommodation scheme in Brent on Wembley Greenaway, the land to the rear of 390-406 High Road, Wembley, close to the national football stadium.

A vacant 1970s office building at Blythswood Square, Glasgow, is to be swept aside for the city's latest purpose-built student accommodation block.

Fusion Student has selected the contractor to deliver its 509-bedroom Deansgate scheme. Domis has this week begun groundwork on the 28-storey Manchester student development. Completion of the £56m build is scheduled for summer 2026.

Entry in to the PBSA market stems from the current shortage of student housing across the UK, alongside the existing experience that has been built by the Bank’s development finance team in the sector, leading to a healthy pipeline of PBSA deals.

Global Education Communities Corp (GECC) is pleased to announce that GECC has added a new business segment, called the Master Lease Partnership Program (MLPP), to complement its existing operations. The MLPP strategy is intended to expand GECC's revenue streams, complement its current corporate-owned student housing portfolio without deploying significant capital, and shorten the delivery time for student-bed deployments.

Scope Commercial Real Estate Services has brokered the $13.3 million sale of Maverick Apartments, a 480-bed student housing community located near Shippensburg University in southern-central Pennsylvania. The 10-building community recently underwent $1.5 million in capital improvements.

DEZHU, an Atlanta-based real estate development firm, has secured $39 million in construction financing to build a Class-A student housing development just south of Georgia Tech University, Commercial Observer can first report.

Varsity Developments has submitted plans for a high-rise student tower on Waterloo Street, having previously mooted proposals for rental apartments and offices at the site.