Zorin provides £48m refinance facility to MCR
The three-year extendable facility represents a move by MCR to enhance liquidity with a focus on a specific number of properties within its portfolio, including two student accommodation schemes in Liverpool, phase two of a residential development in Luton and two industrial business parks in Northamptonshire and Nottinghamshire.
Tower blocks up to 27 storeys tall greenlit in Wembley despite local concerns
Plans to build two tower blocks containing more than 600 student rooms in Wembley have been given the green light despite anger from local residents. Developer Tribe Student Housing will now build one tower up to 27-storeys for 419 rooms and a second 21-storey block containing 200 rooms.
Knight Frank expands PBSA presence with senior appointment
Knight Frank has expanded its Project & Building Consultancy team with the appointment of Rob Brown as Partner. Before joining Knight Frank, Rob was at Mileway Real Estate.
Atelier provides Rengen with fourth PBSA loan this year
The development lender Atelier has provided finance to specialist regeneration developer Rengen for four new schemes. Since February, Atelier has provided four separate loans this year, ranging from £2.7m to £7.3m to Rengen for a series of PBSA regeneration schemes with a Gross Development Value totalling £30.1m.
Landmark Letterkenny developments gets go-ahead
Donegal County Council has paved the way for a massive development in the heart of Letterkenny. The ambitious 240,000 square foot development, which will front onto Pearse Road, Port Road and Isle Lane, will include 154 student bedrooms, 13 apartments and a raft of office spaces and retail units.
Green light for Manchester Georgian student scheme
Manchester City Council has approved the development, which is designed by architects Carson Sall and comprises a new build nine-storey block along with the refurbishment of an adjacent listed Georgian Villa overlooking Whitworth Park.
Student accommodation scheme to start in Durham at former bingo hall
A former Durham bingo hall is set to be demolished to make way for a student accommodation scheme following a £1.85m property deal.
UK Government’s push for ‘normal’ exam grading could signal clearing chaos for student accommodation
Almost 100,000 more school leavers in the UK could miss out on top A-level grades this year than last, an education expert has suggested,...
Scottish universities see 40% jump in international students
The number of international students recruited by universities in Scotland jumped by almost 40 per cent from 2020-21 to 2021-22, according to data published by the Scottish Funding Council.
Lifschutz Davidson Sandilands completes first building on new UCL East campus
Lifschutz Davidson Sandilands (LDS) has completed One Pool Street, one of two buildings comprising the first phase of UCL’s new East campus in Queen Elizabeth Olympic Park.