Utopi and Harrison Street announce a validated 9x ROI
ESG technology specialist Utopi has announced that it has received a 9x return on investment (ROI) validated by a top Valuer for the proven impact of its solutions to the real estate market.
AG advises Coutts on £37m PBSA scheme in Kensington
Law firm Addleshaw Goddard (AG) has advised Coutts on a £37 million development and investment loan facility to SAV Group to finance the refurbishment and extension of More House in Kensington, West London.
Greystar acquires PBSA asset in Southampton
Greystar has acquired Capital House, a 423-bed purpose-built student accommodation (PBSA) asset. Capital House will operate under Greystar’s Canvas brand, with Greystar underwriting renovations to improve under-utilised amenity space.
Unite Students builds its first mixed use property in Edinburgh
Unite Students’ new property in Edinburgh combines student, build-to-rent (BTR) and affordable units – making it the first of its kind in the company’s 70,000-bed portfolio. Burnet Point will be Unite Students’ lowest carbon new-build to date.
New office and student accomodation blocks planned for former Belfast cinema site
Queen’s University Belfast and software group Kainos have submitted planning applications for student accommodation and a new office block at the site of the former Movie House cinema in the city.
Plans to turn Edinburgh bingo hall into student accommodation complex
Plans to replace an Edinburgh bingo hall with hundreds of student rooms have been submitted to Edinburgh Council. The plans would see 201 student rooms created, and would "regenerate" the area - which sits just off Leith Walk. Developers hope to embrace the "unique character" of the structure.
Student flats and ‘co-living’ to replace car park
Planning permission has been granted for a new “mixed community” development that will house almost 600 people on the site of a historic car park. There will be 328 student beds and 249 co-living studio flats, as well as a new car park and shops on the ground floor where Evans is currently located.
Unite Students appoints a new Group People Director
Provider of purpose-built student accommodation (PBSA) – Unite Students – has announced the appointment of Amy Round as Group People Director.
Planning permission secured for 1,514 student beds at Bristol site
YTL Developments said it has secured planning permission for 1,514 beds of student accommodation at Brabazon - the new 380-acre neighbourhood being built on the historic former Filton airfield in Bristol.
Thor Equities, Vesper Form Student Housing JV
Thor Equities Group and Vesper Holdings have formed a joint venture student housing platform to be called Thor Vesper. The joint venture will be led by Managing Director of Student Accommodations, Christian Davis, who is based in Thor’s London office.