-‎Wire-

GFH Partners, the DIFC-based asset management arm of Bahrain-based GFH Financial Group, has acquired student housing in the United States valued at $300 million.

Fusion Group has appointed property firm JLL to sell the Sauchiehall Street site in Glasgow. The move comes after Fusion struck a deal with M&S to acquire the landmark building, having secured planning permission to construct a mixed-use development at the site.

Student accommodation provider Unite Students has completed 11 refurbishment projects this year from Glasgow to London, with a total cost of £32m. The overall refurbishment programme includes an annual spend of £50m to £75m over the next five years.

Birmingham-based developer and investor Sama Investment Group’s plans for a 301-bedroom PBSA scheme in Birmingham could be heading for planning approval. The PBSA building, rising to 15 storeys, has been recommended for approval ahead of a planning committee meeting next week.

LaSalle Investment Management (“LaSalle”), the global real estate investment manager, and Urbania, an investment and asset management company with a €1.1 billion portfolio under management, announce their joint venture partnership to develop a portfolio of living assets in Spain.

A 27-storey building and a huge overhaul of a student accommodation complex are among the applications approved by Manchester this week.

New housing at The University of Idaho has been approved following a special Idaho State Board of Education meeting. The construction is set to begin immediately following Thursday's meeting. The building project would cost $162 million dollars.

Plans to revive another long-derelict site in Woolwich have been submitted – this time with over 900 student rooms, 400 co-living spaces and 93 flats. An old electricity works would also be refurbished as part of the plans. The building would be extended and have five storeys added to it.

Trix van der Vleuten joins as Chief Marketing Officer (CMO), heading up the a newly structured Marketing & Performance team at the business that offers hotel facilities, student and extended stay rooms, co-working spaces, gyms and event spaces spaces all under the same roof at 18 locations across Europe.

Plans have been submitted to turn an A-listed building in Glasgow, Scotland into new PBSA. The application is pending assessment by city planners.