-‎Wire-

CDL Hospitality Trusts (CDLHT) says its wholly-owned subsidiaries, CDL HREIT Investments (IV) Property Limited and CDL HBT Investments (IV) Property Limited, have entered into an asset purchase agreement and completed the acquisition of freehold land comprising an operational purpose-built student accommodation (PBSA) asset in Liverpool.

Global Student Accommodation (GSA) has formed a joint venture with Nuveen Real Estate, one of the largest real estate investment managers in the world, on behalf of its parent company TIAA, and signed an agreement to acquire the YouFirst Campus portfolio in France from Gecina for €540m.

The £250m transformation of the Charing Cross area of Glasgow has been given the go-ahead. The project including new homes, student accommodation, hotel space and local services has been approved by Glasgow City Council.

Up Campus Living, a leading development and property management company specializing in student housing and near-campus real estate, is proud to announce plans for its 27th development: Blume on 16th.

UPP Group Holdings Limited (UPP), the leading provider of on-campus student accommodation infrastructure in the UK, has completed the financing of a new £110m sustainability-linked corporate revolving credit facility (RCF) with Deutsche Bank.

mys Living, the first values-led rental living company led by Murdo Mcilhagger and David Mathewson has completed the management buyout of the business from abrdn.

Melburg Capital and TPG Angelo Gordon have announced the completion of a £75.5m development facility with specialist real estate finance provider Maslow Capital, to bring forward their joint venture eco PBSA scheme in the heart of Bristol city centre.

Emirates NBD, one of the UAE’s leading financial institutions, has led the successful closure of a £140 million senior financing transaction for a prime Purpose-Built Student Accommodation (PBSA) asset in central London, in collaboration with Abu Dhabi Islamic Bank (ADIB).

Two of the world’s largest real estate investors partnered to buy a €540 million ($567 million) portfolio of student housing across France from Gecina, as demand for the space continues to swell among major asset managers.

Curitiba-based developers ALTMA and HIEX have begun construction of B41: the first  student housing condominium  in Paraná. After the containment, the construction is now in the foundation stage. The project, which will be built across from the Curitiba campus of PUCPR (Pontifical Catholic University of Paraná), will exclusively serve the university housing model.