UK & Ireland

Student accommodation agency Londonist DMC has added a new student residence, Drapery Place, to its portfolio in the UK capital city. Now open to booking for the 2024/25 academic year, the property can accommodate 617 students, incorporating en-suite and studio rooms.

The planned student scheme, known as Perryian Works, will be located at 1 Lancaster Circus and and involves building towers rising to 40 and 50 storeys. The proposals will support the continued growth of nearby universities, with Aston and Birmingham City University only a short walk away.

Cerberus Capital Management has extended a £66.2 million (€75.4 million) loan to aid in financing two development projects spearheaded by Partners Group and Host Student Housing UK, a student housing and co-living investment collaboration.

The European Investment Bank (EIB) has unveiled a series of investments which will see €500m in funding made available for home retrofitting and a further €200m for student accommodation across Ireland.

Leading provider of finance, accounting, and back-office services in the purpose-built student accommodation (PBSA) and Built to Rent sectors – QX Global Group – has appointed Philip Hillman as its Senior Consultant for Living Real Estate Sectors.

Waterford City and County Council has granted conditional planning permission for the construction of purpose built student accommodation in Waterford City.

Asset manager Legal & General Investment Management (LGIM), on behalf of Legal & General Retirement Institutional (LGRI), has recently announced the completion of its first direct-let purpose-built student accommodation (PBSA) acquisition, following the purchase of the Aqua Portfolio from Global Student Accommodation (GSA).

Queen’s University secures planning permission from Belfast City Council planning committee to build Belfast’s first certified Passivhaus PBSA scheme, which is also the largest certified Passivhaus project on the island of Ireland.

A planning application has been submitted for the first student accommodation project in Belfast's Titanic Quarter. The housing scheme is being proposed by a joint venture between Lacuna, a Northern Ireland-based developer, and the Welsh firm Watkins Jones.

Revised plans for a £76million development to regenerate the M&S site on Sauchiehall Street are to be approved by Glasgow City Council. The plans, brought forward by student accommodation developers Fusion Group, will see the construction of a student-led, mixed-use development on the site of the former Marks & Spencer store.