Karis Capital facilitates £12m loan to refinance North London PBSA
Karis Capital has successfully completed a £12m deal for an eminent international investor seeking to secure a quasi-commercial investment loan to raise capital on a large industrial unit in North London.
URW secures planning for Stratford PBSA
As part of its long-term commitment to the regeneration of Stratford, URW announces that planning consent has been granted for 520 high-quality purpose-built student accommodation (PBSA) beds on the Westfield Stratford City car park roof.
Plan for city centre student accommodation scheme overcomes objections
Plans for new student accommodation in Liverpool have been approved by Liverpool City Council Planning Committee. The scheme, by TJ Morris, the group behind Liverpool retail chain Home Bargains, was recommended for approval by council officers, who said it would contribute positively towards a diverse and complimentary mix of uses within the Fabric District area of the city.
Goldman Gets Back In The Student Game
Goldman Sachs is in advanced talks to buy the £200M Halo portfolio of three student blocks from insurer AIG, React News reported. It has teamed up with specialist student operator Generation, and the deal could be the first step toward the duo building a major platform in the sector, React said.
Re:shape unveils plans for Woolwich Electric Works PBSA
Developer and operator Reshape has announced its plans for a transformative development in Woolwich Town Centre, following exchange of contracts for a second parcel of land for its Electric Works mixed-use development proposals in July.
Watkin Jones secures funding for £96m Stratford PBSA
Watkin Jones has secured a finance deal to go ahead with the construction of a 397-bed purpose-built student accommodation (PBSA) development in Stratford, east London.
GRAHAM consortium to deliver 5,400 student beds in Manchester
University of Manchester (UoM) has named its preferred bidder and delivery partner for the redevelopment of its student campus in the city. Viridis, a consortium of Equitix, GRAHAM, and Derwent FM, has been selected to bring forward the Fallowfield Campus redevelopment under a Design, Build, Finance and Operate (DBFO) model.
Rising costs of living impacting student university and accommodation choices
Unite Students’ recently released report on the Unite 2024 Applicant Index highlights that cost-of-living concerns are increasingly impacting student decision-making and choices.
The Unite Applicant...
Investors act fast to resurrect stalled Preston student scheme
Work has restarted on the 218-bedroom redevelopment of Innovation House on Sizer Street after a group of the project’s original investors, faced with losing a combined £10m in deposits, acquired the site.
Huddersfield town centre office block transformation plans secure green light
More than 100 student flats will be brought to a former council office block in Huddersfield town centre. Last week, plans to transform Kirklees House got the green light from Kirklees Council.