UK & Ireland

Plans approved to demolish Glasgow offices for new student accommodation

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Plans have been approved to knock down offices in Glasgow city centre to build student accommodation. Glasgow City Council planners have given a developer permission to demolish the under-used spaced in a bid to build a busy student block overlooking Blythswood Square. Courie Investments Ltd’s put forward a proposal to redevelop the corner site at 249 West George Street with plans for the new building to have nearly 150 studios.

Key takeaways from the GSL Live Conference

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On Thursday, 17th October, our annual GSL Live conference took place in London, bringing together a huge mix of PBSA professionals from across the...

QIP to expand investment into the UK PBSA sector

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Q Investment Partners (QIP) is aiming to expand its investments into the UK purpose-built student accommodation (PBSA) market. In July, the firm entered a £100m joint venture partnership with Gamuda Land to develop student housing in the UK.

Construction firm moves into South West with first major £50m PBSA build contract

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GMI Construction has secured a major Purpose-Built Student Accommodation (PBSA) contract to deliver a £50m scheme in Bristol. The project, on behalf of Host, represents GMI Construction’s first major residential contract win in the South West of England as it expands the footprint of its Midlands-based operation.

Fusion Group makes four senior appointments

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Fusion Group, one of the UK’s largest privately-owned student accommodation (PBSA) developers and operators, has made four new senior appointments.

Broadband ISP ASK4 Sign Partnership to Use TP-Link UK’s Network Kit

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Managed internet service provider ASK4, which delivers gigabit-capable broadband to students and residents (renters) in multi-tenant buildings across the UK (as well as other parts of Europe), has signed a new strategic partnership with network kit manufacturer TP-Link to deliver “enhanced connect

Fleet Street set for new student accommodation and cultural attractions

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The City of London Corporation has approved plans to refurbish the building at 65 Fleet Street into a new mixed-use scheme. Currently an underused office building, the site will be retrofitted and transformed into a professionally managed, student living accommodation, with over 850 rooms, set near to the London School of Economics and Kings College London.

Mapletree Marketing $583M UK Student Housing Portfolio

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Singapore’s Mapletree Investments has put up for sale a set of 24 UK purpose-built student accommodation (PBSA) properties totaling 4,844 beds, as the Temasek Holdings-backed property firm continues to rejig its S$6.2 billion student accommodation portfolio.

Glasgow city site has potential for resi, student or co-living schemes

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JLL has brought 0.25 acres at Dixon Street in the heart of Glasgow city centre to market. The site occupies a prominent corner position at the end of Buchanan Street, fronting onto the River Clyde by St Enoch subway station.

PBSA Returns Outperform All Commercial Property for Third Consecutive Year

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CBRE’s latest Purpose Built Student Accommodation (PBSA) Index has reported total returns of 9.8% for the sector in the year to September 2024. According to CBRE UK’s Monthly Index, total returns for all commercial property were 3.5% over the same period, indicating PBSA has now outperformed all commercial property for three consecutive years.
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