CDL acquires five PBSA assets in the UK for $357 mil
City Developments Limited (CDL) has acquired five high-quality purpose-built student accommodation (PBSA) assets for GBP215 million ($357 million), adding to its existing student accommodation portfolio in the UK.
Locals concerned as Finnieston hotel to be turned into student accommodation
Plans to transform a former hotel on Sauchiehall Street into student accommodation has been given the go-ahead despite concerns of there already being too many in the area.
New mixed-use neighbourhood coming to east London
The London Borough of Redbridge has unanimously approved plans for a mixed-use scheme in Ilford, East London. Designed by HTA for client Telford Homes, the scheme will deliver 837 new homes and 447 new student bedrooms, all supported by what will be the largest piece of greened public realm in Ilford and activated at ground level by new retail, workspace and leisure spaces.
Big student flight from Holylands to purpose built student blocks in the city centre
Representatives from Northern Ireland’s two universities have told Belfast Council that there is a big move from private HMO’s to purpose built student accommodation blocks.
Developers re-lodge planning application for Limerick student accommodation
The development at Punches Cross includes 30 build-to-rent apartments and 326 student-bed spaces. Planners said the proposals would “help to alleviate some degree of pressure on those seeking student accommodation”.
Vita sells Vita Student Lewisham Exchange PBSA
Industry leading development and operating platform Vita Group has sold Vita Student Lewisham Exchange, its flagship London modular purpose-built student accommodation (PBSA) scheme to AXA IM Alts, a global leader in alternative investments with c. €184bn of assets under management.
Major development of former Madras College site in St Andrews approved
Plans for up to 160 homes and student accommodation on the site of a former Fife secondary school have been approved. Councillors unanimously agreed the application for a mixed-use development at the Kilrymont Road site, previously occupied by Madras College.
Far East Orchard acquires student accommodation property in UK for $22.9 million
Far East Orchard has acquired a 180-bed freehold student accommodation property in the UK for GBP13.9 million ($22.9 million). The sale and purchase agreement (SPA) was entered into by Far East Orchard’s wholly-owned subsidiary, IUKSeven, and Empiric Limited on Dec 8.
Dominvs and Premier Inn submit plans for Manchester offices and PBSA
Project will replace existing hotel opposite First Street Want to read the full article? Please Login or Subscribe
Harrison Street, CA Ventures to develop PBSA project in Dublin
The property will be developed, managed, and operated by CA’s in-house PBSA management company, Novel Student.
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