-‎Wire-

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.

Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, has partnered with Stockbridge, a real estate investment management firm, to recapitalize The Retreat East, a 602-bedroom cottage-style student housing community located at 1705 France Dr. near the University of Central Florida in Orlando, FL.

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.

CHARLOTTESVILLE, VA. — A joint venture between Subtext and Kayne Anderson Real Estate is set to break ground on VERVE Charlottesville, a 1,332-bed development located at 100 Stadium Road near the University of Virginia campus in Charlottesville.

US-based property investment group Greystar, the company behind one of Australia’s biggest build-to-rent projects, has taken a dive into the local student accommodation market after forking out $1.6 billion for seven assets in five cities.

Student Tribe has sealed a £10.5m residential investment loan to refinance a portfolio of 50 student houses in multiple occupation (HMOs) in Birmingham, Leeds, Lincoln and Manchester.

McAleer & Rushe has been appointed as lead building contractor for the 267-bed development, while Puma Property Finance has supported Vita with a £51.8 million development loan.

The Purdue University Board of Trustees on Friday approved plans for a $29 million residence hall on the Purdue Northwest campus in Hammond. The three-story, 150-bed residence hall is being added to accommodate enrollment growth and student housing demand, the university said in a news release.