UK & Ireland

Irish Minister for Further and Higher Education Simon Harris has announced that he will amend legislation to crack down on the practice of forcing students to take leases longer than their term times.

Alumno and Hurlington Capital have recently celebrated a significant milestone in their collaborative venture, receiving planning approval for a new student accommodation development adjacent to the Olympic Park in East London.

The City of York Council is on the brink of approving a major development for student accommodation at 15 Foss Islands Road, a move that could end months of debate and planning refusals.

Far East Orchard Limited, a renowned name in the real estate sector, has reported a remarkable financial performance for the fiscal year 2023. The company's net profit surged to $66.0 million, primarily driven by significant fair value gains on its investment properties, particularly in the UK's Purpose-built Student Accommodation (PBSA) sector.

The Manchester-based specialist property management firm has appointed Michelle Cliffe as head of estates and Benedict Lane as head of compliance and risk.

The real estate investment group has an established track record in acquiring underutilised assets and restoring trading performance. Their latest opportunity comprised the acquisition of a vacant prime site in Farringdon.

The University of East London (UEL) was granted planning permission by Newham Council's strategic development committee on Tuesday evening (February 20) so it could expand its Stratford campus and build uni halls for 650 students.

The Premier Inn site on the Haymarket in Central Bristol looks set to be redeveloped into student accommodation spanning a maximum of 28 storeys. Branna Ltd & Premier Inn Hotels Ltd are seeking full planning permission for a mixed development of purposed-built student accommodation (PBSA) and clustered co-living accommodation.

PMI Developments was granted permission to knock down an empty shop and redevelop land at 19-21 Cambridge Street last year. Citing “a number of factors” negatively impacting the viability of hotel use, the company has now started consultation over plans to build a multi-storey student block.

Plans to transform Telephone House in Dundee into luxury student accommodation have been given the green light. An application was lodged with Dundee City Council last year bidding to turn the ageing office block into 417 high-quality student rooms.