UK & Ireland

Bank of London and The Middle East has provided £23.1 million towards the development of UK investment manager Urbium Capital's Arcadian purpose-built student accommodation block in central Nottingham.

The “masterplan” for a major redevelopment of the former Cleeves factory site, which will see the grounds transformed for residential and commercial use, has been unveiled.

A report has recommended Exeter City Council should sell the former leisure centre site at Clifton Hill and the Mary Arches multi-storey car park without restrictions on use. Councillors are considering the sales despite a council policy not to sell off land for student accommodation.

Nova Osborne Ltd has applied to Glasgow City Council to build the 11-storey 288-bed accommodation at the corner of Osborne Street and Old Wynd but the bid faces objections.

Real estate consultancy Savills has been appointed by Imap Properties Ltd to sell The Orbital – a modern and operational 103-bed PBSA scheme on Canning Circus in Nottingham city centre. The scheme completed in time for the 2018/19 academic year.

Plans for a 27-storey student block next to Deptford Creek have been approved by Greenwich councillors – but with the borough’s chair of planning voicing his worries about the effects of tall buildings on historic Greenwich town centre.

TP Bennett-designed plans for a high-rise student housing scheme in Southwark are being recommended for approval following viability concerns about HTA proposals that were consented for the same site last year.

Global property consultancy Knight Frank’s new data highlights that by 2028, the value of the PBSA sector will grow to £104bn. The prediction has been based on the firm’s analysis of current operational student property, stock under construction and weighted average rents.

Bray will join GSA’s executive team, further strengthening the company’s leadership and taking an integral role in developing the business and executing its global growth plans. Bray brings a 30-year track record in the funds management sector.

Homes for Students, the UK and Ireland’s leading independent PBSA provider has today unveiled the latest, and most impressive brand to join their line-up. EVO Student, inspired by the evolution in student accommodation is a portfolio elevating the existing premium accommodation offerings to yet another, even more exciting level. Residents living at an EVO Student property can expect premium accommodation and facilities, prime locations and world-beating experiential and wellbeing wraparound experiences.