LGIM provides landmark £400m facility to Unite
LGIM’s dedicated UK and European Real Estate Debt division has completed a £400m loan for Unite to refinance a public bond for its flagship Unite UK Student Accommodation Fund (USAF), which matured in 2023.
Developer wins appeal for student accommodation scheme
Coventry City Council rejected the plans last September for the six-storey building, which would replace a disused business unit. The scheme will be built on an industrial estate on Burnsall Road in Earlsdon.
New data reveals state of UK & Ireland student housing market
Data from the latest wave of the GSL Index (2023 Q2) in the UK & Ireland, shows that students are generally having a more...
Amber launches its Student Housing Partner’s Report 2023
Amber has launched its new report titled Amber Student Housing Partner’s Report 2023. The report contains insights on the recent challenges and successes that the purpose-built student accommodation (PBSA) sector has been experiencing.
Planning approval granted for iQ’s Echo Street development
At a prime Piccadilly location and within close walking distance of the universities, iQ's proposals for Echo Street will deliver around 1220 high-quality student bedrooms at a range of price points and across a mix of studios and clusters.
Get Living secures approval to deliver 848 new rental homes and 504 student beds...
Get Living, the UK’s leading developer and operator of large-scale build-to-rent neighbourhoods, has secured a resolution to grant planning consent for up to 848 rental homes and 504 student homes at its East Village neighbourhood in Stratford, London.
Womble Bond Dickinson advises LDC on investment into UniHomes
International law firm Womble Bond Dickinson (WBD) has advised longstanding client LDC, a leading private equity investor, on its minority investment in student accommodation advertising platform, UniHomes.
Beachrock completes Greenwich PBSA sale to Federated Hermes
Beachrock has completed on the disposal of a purpose-built student accommodation (PBSA) scheme in Greenwich to a fund managed by Federated Hermes. The transaction completed at £18.568m, reflecting £155,000 per bedroom and 5.0% NIY.
Stalled Preston student scheme to be sold
The 218-bedroom redevelopment of Innovation House on Sizer Street was being delivered by Ladson Group. Marsh Lyons has been appointed by UK Bridge Loans to sell the site to recoup money owed to the lender.
Unite eyes growth with £296m raise
Unite has raised approximately £296m as it looks to make the most of a 'compelling multi-year opportunity' to accelerate its growth. The student accommodation firm outlined plans yesterday (24 July) for a capital raise via a placing, subscription and retail offer.
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