UK & Ireland

Coventry City Council approved a new student accommodation block with up to 400 bedrooms near the University of Warwick campus, despite a petition citing concerns over an oversupply of student housing in the city.

ASK4 secured £170 million in refinancing from a syndicate of leading lenders, replacing existing debt on improved terms and providing new capital expenditure funding to support expansion across the UK and Europe.

St John’s College received planning approval to demolish the existing 147-room Wolfson Court and replace it with a new 408-room student accommodation building, intended for use by multiple University of Cambridge colleges and the Sir Isaac Newton Institute, expanding its capacity significantly.

Argon and Sona Estates have submitted a planning application to demolish the existing eight-storey office building and linked 1970s raised walkways at Higham Place, Newcastle, to develop a 507-bed PBSA scheme comprising three interconnected buildings up to 21 storeys tall.

MCR Property Group has acquired a 1,163-bed student accommodation portfolio from Unite, expanding its footprint in Sheffield’s PBSA market.

The developer behind proposals for the scheme formerly known as Tribeca has announced an information event about a “co-living” space.

Secure Trust Bank Real Estate Finance has provided a £13 million loan to Vita Group, supporting the redevelopment of The Goods Station site at The Axis, Birmingham, a key location near Birmingham New Street Station and part of the Central Birmingham Framework 2040 regeneration plan.

Arada London has submitted plans for a mixed-use development on a 1.4-acre brownfield site in Peckham, featuring 55 social rent homes and 516 purpose-built student accommodation (PBSA) beds, alongside commercial and community spaces.

CARDIFF Council has approved a massive 33-storey building in the city centre that could redefine the city’s skyline.

Three major schemes received Gateway 2 approval, enabling construction to begin on 664 new build-to-rent apartments and student beds across Bristol, Manchester, and London, expanding Gateway 2’s total to 15 projects under the Building Safety Act regime.