Investors act fast to resurrect stalled Preston student scheme
Work has restarted on the 218-bedroom redevelopment of Innovation House on Sizer Street after a group of the project’s original investors, faced with losing a combined £10m in deposits, acquired the site.
Vesper JV Pays $53M for Kentucky Student Community
Vesper Holdings, in partnership with an institutional investor, has acquired The Lex, a 649-bed student housing community in Lexington, Ky.
Huddersfield town centre office block transformation plans secure green light
More than 100 student flats will be brought to a former council office block in Huddersfield town centre. Last week, plans to transform Kirklees House got the green light from Kirklees Council.
Unite Students acquires key London scheme
Unite Students, the UK’s largest provider of student accommodation, has acquired a key London development that will provide new student homes in central London to support the growth of its university partners.
Fiera provides loan for Amro Valencia Puerto PBSA
IP Investment Management in partnership with Heed Capital and Amro Partners have secured development financing for Amro Valencia Puerto, their 221-bed PBSA development in Valencia with a €19.15m, three-year development facility funded by FERED – Fiera Capital’s flagship pan-European debt fund.
Abu Dhabi to build massive student housing for Khalifa University
The Abu Dhabi Investment Office (ADIO) and Khalifa University of Science and Technology have awarded a project through its public-private partnership programme to develop world-class student accommodation and facilities in the UAE capital.
Cyprus cabinet approves extra funding for student housing
The government has approved funding for the construction of 703 student residences at the Cyprus University of Technology (Tepak) in Limassol and Paphos, through a €108 million loan agreement with the European Investment Bank (EIB).
RoundShield boosts PBSA team with director hire
European real estate investment manager RoundShield Partners has appointed Drazen Visnjevac as a director within the investment team.
Unite Students raises £450m to accelerate delivery of student accommodation
The Unite Group has raised gross proceeds of approximately £450m to accelerate the delivery of new and affordable student accommodation. Unite confirmed the successful completion of the placing, subscription and retail offer announced on Tuesday (23 July).
Core Spaces, Schenk Realty Plan 800-Bed Student Housing Development Near University of Tennessee
Located at 1801 Cumberland Ave., the community will rise seven stories and offer 215 units in studio through five-bedroom configurations. Shared amenities will include a rooftop swimming pool, hot tub and sun deck, as well as ground floor retail. Construction on the project is set to begin in spring 2025.