-‎Wire-

Aviva Investors has proposed a 570-bed purpose-built student housing development on the former Mamas & Papas site at West Quay Retail Park in Southampton city centre, aiming to support local regeneration and provide high-quality accommodation near universities and transport links.

The complex, which would be located at the intersection of University and College avenues, would be called Theory Sterling and have one-, two-, three- and four-bedroom units inside two towers.

Bhutan has witnessed a sharp rise in Australian student visa refusals over the past six months, with education consultants describing the rejection rate as the highest in recent years.

Hong Kong-headquartered rental accommodation operator Weave Living has rebranded two assets in Hong Kong to Weave Campus, a new brand dedicated to university student housing, as the city faces a projected shortfall of up to 120,000 student beds in the following academic year.

The Scion Group is acquiring the operating business of Student Quarters, an Atlanta-based firm managing $1.5 billion in student housing assets, adding 13,000 beds across 21 markets to its portfolio without external financing; the deal will expand Scion’s footprint to 190 communities and nearly 118,000 beds in 94 university markets.

GSA and Cain have formed a joint venture to develop Prenestino, a purpose-built student accommodation (PBSA) scheme in Rome, marking Cain’s first investment in Italy and advancing GSA’s development-led strategy in one of Europe’s most undersupplied PBSA markets.

Lark Group, Western Community College (WCC), and ICT Group have begun construction on City Centre 5, a 23-storey, 810-bed student housing residence in Surrey’s Health and Technology District, scheduled for completion in Fall 2028.

BAM’s proposed 503-bed student accommodation at Sullivan’s Quay, Cork City, has received a four-month extension to October 1 to provide updated environmental and design information, following concerns from Cork City Council.

Investec Bank has provided a £19.25m senior development loan to Barwood Capital for a 233-bed student accommodation project in Edgbaston, combining heritage refurbishment with new-build construction on the former St Chad’s Hospital site.

Fifteen units at One Islington Plaza, a purpose-built student accommodation scheme in Liverpool city centre, are on sale. The portfolio includes three studios and 12 cluster flats within a 317-unit development completed in 2019 and held on a 250-year lease from 2016.