Capstone Collegiate Lands $76M for Luxury Student Housing Project
Capstone Collegiate Communities has obtained a financing package for the construction of a 165-unit, 532-bed student housing community in Tucson, Ariz. Completion is expected in fall 2027, before the academic year starts.
UPP and Deutsche Bank announce new sustainability-linked funding
Provider of on-campus student accommodation infrastructure in the UK – UPP – has completed the financing of a new £110m sustainability-linked corporate revolving credit facility (RCF) with Deutsche Bank.
Centurion exploring REIT establishment for PBSA assets
Centurion is considering the establishment of a Real Estate Investment Trust (REIT) comprising some of its worker and purpose-built student accommodation (PBSA) assets. The plan has sent its share price surging. The price increased by 6.3% on 8 January 2025 after the news began to emerge.
FaulknerBrowns revises plans for Southwark PBSA scheme
FaulknerBrowns has revised its plans for a purpose-built student accommodation (PBSA) scheme in Southwark to add a second staircase. Layouts at the eight-storey scheme have been rearranged to accommodate a larger core.
Decision looms on venture tower’s student accommodation plans
A decision on plans to convert Venture Tower, a 1960s office building on Fratton Road, into student accommodation will be made next week. The...
HPM Announces Topping Out of Student Housing Building at Mississippi State University
HPM announced today the topping out of Azalea Hall, a new five-story student housing building on the Mississippi State University campus in Starkville, Mississippi, signifying construction has reached its highest point.
Student accommodation plans for Bath office building signed off
Plans to convert an office building in Bath into student accommodation have been backed. Bath and North East Somerset Council's planning committee agreed to 'delegate to permit' an application by Eagle One Estates. The decision was in line with an officer's report recommendation.
26-storey rental housing tower proposed for Langara-49th Avenue SkyTrain station
The long-vacant site immediately north of SkyTrain’s Langara-49th Avenue Station is now being eyed for a sizeable high-rise rental housing tower.
Fresh appointed to manage Alma Place PBSA in Belfast
Purpose-built student accommodation (PBSA) third-party manager Fresh has successfully taken over the management of the Alma Place development in Belfast, Northern Ireland. The scheme comprises 393-units in a mix of en-suite and studio apartments.
Erbudu consortium has contract for student housing worth PLN 91.3 mln
A consortium including MOD21 (an Erbud subsidiary) and Wolf Müller has signed a PLN 91.3 million (EUR 21.95 million) contract to build student housing in Mannheim, Germany. The project involves a four-story residential complex above an ALDI store in Neuostheim, following a 'design and build' model.