-‎Wire-

Global Student Living (GSL) has acquired StudentReviews.com, a UK and Europe-focused student accommodation review platform with over 50,000 verified ratings since 2016, expanding GSL’s capabilities from benchmarking to public reputation management.

Nido Living and Livensa Living are now Livensa Group. All Nido assets will be rebranded under Livensa Living (PBSA) and Livensa Studios (flexible accommodation), and the Nido name will no longer be used.

GES Real Australia has proposed a $128 million, 22-storey student accommodation tower at 97-99 Stirling Street, Perth, designed to house 720 students near the new ECU City Campus, featuring a mix of studios and four-bedroom apartments with communal amenities.

Kilburn & District Properties and General Projects have submitted plans to convert a vacant 1960s building in Camden Town into a student living scheme with 345 beds and 20,000 sq ft of commercial and community space, designed by AHMM.

Unite Group, the UK’s largest student accommodation provider, reduced rents by 0.3% for the current academic year, the first decline in over 25 years outside the Covid-19 lockdown, driven by falling international student numbers and more domestic students living at home.

Ontario is investing $138 million in Trent University to expand student housing and enrolment capacity, including $100 million for two new residences with 1,400 beds and 134,000 square feet of academic space, and $38 million to add 1,504 new university seats focused on STEM, education, health, and labour-market-driven programs.

CMS Albiñana & Suárez de Lezo has advised Westwind Capital on the acquisition from Merkel of a portfolio of student accommodation assets in Spain valued at approximately €141 million. 

MCR Property Group has expanded its Flow Student platform by acquiring two PBSA schemes in Preston—Moor Lane Halls (493 beds) and a 175-bed scheme on Walker Street—both near the University of Lancashire and Preston city centre.

Bangor-based property group Watkin Jones has topped out a 204-bed purpose-built student accommodation (PBSA) development in Bristol. The Skywalks scheme at Freestone Road is being brought forward for a joint venture between Moorfield Group and Tiger Developments.

Brookfield and Coastal Ridge Real Estate acquired The Grad, a 19-story, 260-unit student housing tower in downtown San Jose, for $204.8 million, paying 5.8% above its last assessed value and more than double the average South Bay apartment sale price per room.