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Scion Group and Ares Management formed a joint venture to acquire a 12-property student housing portfolio for $910 million, totaling 7,578 beds at $120,000 per bed, marking a significant investment in the sector.

McLaren Property has obtained planning approval to replace the existing commercial building at 285 Bath Street, Glasgow, with a 208-bed purpose-built student accommodation (PBSA) scheme designed by Scottish firm Manson’s.

Nottingham City Council approved plans to convert the former central library on Angel Row into 162 student rooms, including two retail units and a hot food takeaway on the ground floor, aiming to regenerate a long-vacant heritage building in the city centre.

TSB Realty LLC successfully completed the sale of Campus Court, a 238-unit, 398-bed student housing property located near the University of Kentucky in Lexington, Ky. Coastal Ridge Real Estate purchased the property from an undisclosed seller.

loc8me has acquired Liverpool-based Luxury Student Homes, adding over 1,100 beds and 199 properties to its portfolio, increasing its Liverpool presence from around 400 to nearly 1,500 beds and expanding its national portfolio to nearly 10,000 rooms across 19 university cities.

Beaufort Capital has arranged an £83 million financing facility for a new 24-storey purpose-built student accommodation (PBSA) scheme in central London, delivering 244 beds near Elephant & Castle station.

The California Coastal Commission approved UC Santa Barbara’s plan to replace the 412-bed Santa Rosa Residential Hall with a four-building complex totaling 1,688 beds, allowing building heights up to 85 feet and waiving on-site parking requirements.

The Social Hub appointed Eyal Amzallag as Chief Operating & Commercial Officer and Executive Board member to drive its global expansion and commercial growth, leveraging his 30 years of hospitality experience including leadership roles at Club Med and Selina’s $1.2 billion Nasdaq IPO.

Westward Property Limited has submitted plans for a mixed-use development at Westward House, Dublin 1, featuring 365 student accommodation beds, 54 residential apartments, two commercial units, and a 14-storey tower on a 0.433-hectare site near Croke Park.

Johnson & Wales University is investing $42 million to convert a former DoubleTree by Hilton hotel in Charlotte’s Third Ward into a 150-room, 276-bed residence hall for upperclassmen, with completion expected in two years.