Limassol to build first student housing with rents 30% below market rates
Limassol Municipality will launch an architectural competition in the coming weeks for the design and supervision of the city’s first student housing project.
Osborne Clarke advised European Student Housing Fund II on PBSA transaction
Osborne Clarke advised European Student Housing Fund II on the sale of the prestigious student accommodation building in Wrocław, known as Basecamp Wrocław, to Xior Student Housing.
Liverpool’s Limelight prepped for sale
Blacklight Capital Partners, which took on the stalled PBSA scheme in 2022 and can now report 100% occupancy, has appointed Savills to find a buyer for the asset, Place North West understands. Blacklight has made its mark in the city by taking on a trio of student living projects that had stalled.
Cushman & Wakefield Appoints New Head Of UK Student Accommodation
Real estate services firm Cushman & Wakefield has appointed James Woolley as Head of UK Student Accommodation. Woolley, who has specialised in the PBSA market for the last 14 years, joined Cushman & Wakefield in 2021 as a Partner to lead PBSA Valuations.
Ashbrookes backed to deliver student scheme
Ashbrookes Group has secured planning approval to redevelop Middlesbrough’s Linthorpe Assembly Rooms. Bosses say the 16-apartment scheme marks “a step forward for the town’s student offering”.
SCALING UP IN THE UK
GAMUDA Land is scaling new heights in the United Kingdom, expanding its footprint in one of the world’s most competitive property markets. The company’s diversified portfolio now spans residential, commercial and purpose-built student accommodation (PBSA).
JLL Brokers Sale of 756-Bed Student Housing Community at Miami University in Ohio
JLL Capital Markets has brokered the sale of Level 27, a 756-bed student housing community serving Miami University in Oxford. Built in 2006, the 216-unit property features a mix of three- and four-bedroom floor plans with an average unit size of 1,603 square feet.
RED wins £31m student accommodation job
RED Construction Group has been appointed by Infrastructure Investments Ltd to deliver a £31m student accommodation redevelopment in Shoreditch, east London. The appointment follows the completion of £1.8m of enabling works by RED’s Special Projects division.
Maslow Capital provides £29m for PBSA development in Oxford
Specialist real estate finance provider Maslow Capital has provided a £29m development finance facility to support the delivery of a 189-bed Purpose-Built Student Accommodation (PBSA) scheme in Oxford.
Nine-storey student accommodation block planned for former site of Independent Newspapers
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