UK & Ireland

Telford Living, the UK residential development arm of Trammell Crow Company (TCC), has exchanged contracts to acquire a major site in Stratford and has submitted plans for a new PBSA scheme. Subject to planning approval, construction is expected to start in 2028 and practical completion is targeted for 2032.

McLaren Property has obtained planning approval for a 291-bed purpose-built student accommodation (PBSA) development at 1-3 Sussex Place, Hammersmith, West London, featuring 147 cluster apartments and 144 studios, with 35% of units offered at affordable rents.

Wavensmere Homes and Redford Developments secured approval for Waterway House, a 300-studio co-living scheme near Nottingham railway station, designed by Corstorphine & Wright and operated by VervLife, marking Nottingham’s first purpose-built co-living development.

Vail Williams has appointed Luke Kemp as partner in its Thames Valley valuation team, strengthening its presence in Reading, Oxford, and the wider region with his 20+ years of valuation expertise.

Partners Group and Aboria Capital have acquired a five-asset, 1,570-bed UK PBSA portfolio from HSBC Asset Management for approximately £165 million, marking Aboria’s first acquisition since launching its platform with the Downing family office.

McLaren Living is developing a £65m co-living and affordable housing scheme at Neptune Wharf, Fish Island, delivering 280 studios and 44 affordable homes across two buildings up to 10 and seven storeys.

Re:shape has submitted plans for Ashley Park, a major co-living development in Tottenham Hale, London, featuring 522 co-living studios and 87 social rent homes, representing a 35% affordable housing offer.

Nixon Property has listed a fully consented development opportunity on Heavitree Road, Exeter, featuring seven blocks with 399 PBSA studios and 414 co-living units, targeting both student and co-living markets.

Hawthorn Capital, a private investment firm founded in 2022, has acquired Sale-based Xenia Property Group, which manages over 4,000 residential and student units through its divisions Xenia Estates, Xenia Students, and Xenia Lettings, marking a strategic expansion in property management services.

Scape has submitted plans for a 45-storey student accommodation tower at 229-235 Southwark Bridge Road in Elephant and Castle, designed by Morris + Company to deliver 798 units and 851 bed spaces, expanding the area’s emerging high-rise cluster.