-‎Wire-

Australia’s purpose-built student accommodation pipeline has grown to over 47,000 beds, with more than 14,100 beds under construction, reflecting ongoing expansion driven by state government policies rather than solely by international student demand locations.

Citrus Group and Galliard Homes have submitted revised plans for the Prince Bishops Place shopping centre redevelopment, replacing the previously approved hotel with an expanded purpose-built student accommodation (PBSA) scheme of 504 units, up from 408.

Investec Bank’s real estate division completed £922m in lending from April 2025 to March 2026, including £284m in development loans and £639m in investment financing, supporting larger transactions across residential, commercial, and student accommodation sectors.

QuadReal Property Group has appointed Collegiate UK to manage its UK PBSA portfolio of eight assets and 3,460 beds across key university cities, following its acquisition from Apollo Real Estate last year.

After an initial refusal and failed appeal, a revised student accommodation scheme in Cork was approved by the city council in February 2025, proposing 50 apartments and over 70 studios in two buildings up to five storeys, despite strong local opposition citing concerns over density, traffic, and amenities.

Built and Sirona Urban have secured approval to develop an 854-bed premium student accommodation tower on a vacant site on Telethon Avenue, Perth, near Edith Cowan University’s new main campus, marking their second joint project after UniLodge Perth Central.

Aviva Investors has completed the provision of a green loan towards the construction of a 283-unit purpose-built student accommodation scheme in Elephant & Castle, London, which is being brought forward by Fabrix and Patrizia.

Shawbrook has introduced a dedicated PBSA finance proposition offering loans from £500,000 to £35 million, with interest rates starting at 5.99%, up to 75% LTV, and terms up to 25 years, targeting experienced landlords in the student accommodation sector.

Shawbrook has introduced a dedicated Purpose-Built Student Accommodation (PBSA) finance proposition, addressing rising demand from brokers and investors for specialised lending in the sector.

Bath Spa University has proposed a new student accommodation and creative hub on Locksbrook Road, adjacent to its Locksbrook Campus, featuring a café, event spaces, and seminar rooms accessible to both students and the public.