UK & Ireland

Birmingham-based property investor and asset manager Mercia Real Estate has secured a £32.5m funding package from Paragon Bank’s Development Finance division to support the first phase of its 411-bedroom Purpose Built Student Accommodation scheme in Edgbaston.

Blackstone has announced they have successfully closed on the refinancing of one of the major credit facilities of iQ Student Accommodation. The refinancing is part of the normal course of business ahead of the current facility reaching maturity in May 2025.

Plans for 190 new student rooms in Greenwich have been submitted, replacing the previous scheme to build flats on the site. Greenwich council has received an application to build the student digs in Woolwich Road, 35 per cent of which would be classed as ‘affordable’.

Student Roost has partnered with student accommodation management software creators – Kinetic – to become the first purpose-built student accommodation (PBSA) provider to launch the StudentLife resident wellbeing platform.

The site of a former nightclub in Leeds could be redeveloped as student accommodation if newly submitted plans get the green light. Mornington Ltd has submitted a full planning application to Leeds City Council for a site at the junction of York Street and Brick Street, adjacent to the viaduct.

Ireland’s largest private student landlord accused the Government of taking a U-turn on previous housing policies by banning student housing groups from offering 51-week-only leases at their properties in the Republic.

Noise has always been a part of life in student accommodation, and something we often write off as being simply part of the student...

A purpose-built student accommodation building providing almost 320 bedspaces could be built in Birmingham if plans are approved at committee next week. Lavender Property Group is seeking planning permission for the construction of a five- and six-storey block at 70-73 Cecil Street and 86 Cliveland Street, Newtown.

An Edinburgh PBSA development has been given the green light. 83S Student Residence Limited applied for planning to deliver a 138-bedroom scheme. The site is on the corner of Willowbrae Road and Northfield Drive.

Major plans for new student accommodation blocks in the heart of the city centre have taken an important step forward. The proposals are seeking permission for the demolition of all existing student accommodation on site and the erection of two new buildings on land near where the emerging Octagon tower is being built.