UK & Ireland

Leeds office space could be converted into 287 student apartments

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Real estate investment business Global Mutual has launched a public consultation on proposals for conversion of office space at the St Johns Centre, in Leeds, into new student accommodation.

Paragon provides £17.6m facility for Coventry PBSA renovation

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Paragon Bank’s development finance division has supported real estate investment management company Frogmore with a £17.55m funding facility to renovate a 690-bedroom PBSA property near Coventry and Warwick universities.

Revised proposals submitted for Finance House

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Revised plans for Finance House at Orchard Brae have been submitted to the City of Edinburgh Council’s planning department.

Major plans for new student accommodation above Bournemouth nightclub

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South Western House in Glen Fern Road, Bournemouth, could be converted into 137 “high quality” student rooms under major new plans. Each of the 137 rooms will come with a bed, en-suite shower room, study area and kitchenette – all ranging between 12.2 sq m to 21.1 sq m.

New Nottingham student scheme gets green light

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Plans for a new student accommodation scheme in the Hockley area of Nottingham have been given the go-ahead by the city council. The proposal outlines plans for an upward extension of the properties to add two new floors and convert the existing space into student accommodation to create a 49-bedroom scheme.

Avamore completes first PBSA facility with £5m development loan

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Avamore Capital, in collaboration with Kexgill Group and University Quarter, has completed a £5m development loan, its first PBSA facility, a significant milestone since its entry into the PBSA sector in late 2023.

Unite Students releases trading update and planning approvals for 1,450 new beds

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Unite Students, the UK’s leading owner, manager and developer of student accommodation, today announces an update on current trading and quarterly property valuations. Planning approval has been achieved on 500-bed Freestone Island project in Bristol. Meridian Place, Stratford has received resolution to grant planning permission at committee.

Irish government to introduce ban on minimum 51-week student accommodation leases

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The government has announced it will ban student accommodation providers from enforcing minimum 51-week leases. The legislative change was introduced by Minister for Further and Higher Education Simon Harris to ensure student lease agreements can be confined to the academic year.

Fusion Group appoints new Commercial Director

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Privately owned student accommodation developer and operator – Fusion Group – has appointed Laura Kurt as its first Commercial Director.

Boost for York student flats scheme in £150m funding deal

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London property developer Olympian Homes has secured £150m from London finance firm Cain International to deliver 275 student flats at Rialto House in Fishergate, York, plus 660 student flats at Cirrus Point in Leeds.
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