-‎Wire-

Legal firm Macfarlanes advised L&G’s Student Living Ltd fund on acquiring Stanley Studios, a purpose-built student accommodation asset in Southampton, for £43 million from Brookfield Asset Management.

The Irish Government’s National Student Accommodation Strategy 2026-2035 aims to deliver 42,000 new student beds through incentivised private developments, addressing a current deficit of 15,000 beds and reducing long commutes for students.

Knighthead Funding issued a $39.75 million first mortgage loan to refinance Stadium Crossing, a 226-unit, 734-bed student housing property in Bloomington, Indiana.

Derby City Council approved Monk Street Ltd’s plan to replace a car showroom in Monk Street with a six-storey block of student flats comprising 102 rooms across 16 cluster flats.

Ward Group Investments has acquired Elvet Residences, a 178-room student accommodation complex in Durham, combining a Grade II-listed 18th-century coaching inn with modern facilities, supported by a £30 million investment to enhance asset value and operational control.

Brogan Group has secured the powered access contract for a student accommodation project in Manchester, supplying passenger and goods hoists to support site access up to 46 metres high.

Hammerson has obtained outline planning consent for a purpose-built student accommodation (PBSA) development at Cabot Gate, Bristol, set to provide up to 600 units alongside new public realm and community spaces on underutilised land.

GSL has appointed Thiago Alves as Global Chief Revenue & Growth Officer to lead its international commercial performance and growth strategy, reflecting his key role in the company’s expansion over four years.

Savills has obtained planning approval for a new purpose-built student accommodation (PBSA) project on Cadogan Street in Glasgow city centre, delivering 259 student beds in a design-led development near George Square.

GSL has appointed Madelin Smith as Chief Commercial Officer for APAC, a new role created to drive the company’s expansion across the Asia-Pacific residential living market.