UK & Ireland

Unite Students, the owner, manager and developer of student accommodation, has sold six properties in Aberdeen for £33 million (Unite share: £20m) to Clearbell Property Partners, a fund managed by Clearbell Capital.

The current student accommodation crisis comes as no surprise. It has been obvious for months that a combination of a shortage of rental properties and the arrival of refugees from Ukraine were going to make it even more difficult than usual for students to find a place to live.

The firm has gone out to consultation with plans for a six-storey building of around 540 student rooms at a site on the western edge of Coventry near the University of Warwick.

https://www.egi.co.uk/news/cohort-capital-funds-70m-london-pbsa-acquisition/

Following an appeal by property developer S Harrison, planning permission has been granted for a new student accommodation scheme with 64 studio apartments in Edinburgh.

Proposals have been revealed for a major regeneration project in York that is set to provide new leisure, commercial and residential space, and support job creation.

A London based investment group has secured an eight-figure green loan funding package from HSBC UK supporting purpose-built student accommodation across the UK. Curlew Capital, a privately-owned investment and development management firm, has utilised a £12.

Marks and Spencer's Hammersmith store is set to be totally transformed with a new 'market-style' foodhall and university halls building. The retailer wants to revamp its set-up at at 27 King Street, near Boots and Lloyds Bank after occupying the site for 100 years.

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Mount Group Student NatEx Ltd, which was building the £45m NatEx student accommodation block on the site of the former National Express bus station, collapsed into administration last October.