-‎Wire-

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Uptown Square, a 316-unit, 512-bed, purpose-built student housing asset located adjacent to Texas State University (TXST) in San Marcos, Texas.

Transformational leader in global student living – The Dot Group – has formed a strategic financing relationship with Blue Owl’s GP Strategic Capital platform, which provides minority equity and financing solutions to private capital managers.

Australia’s Plenary Group and Belgium’s Besix are the main investors – contributing 45% each – in the 23-year concession to design, build, finance and maintain 3,260 student rooms at Abu Dhabi’s Khalifa University.

Investec Real Estate has provided a development loan for a purpose-built student accommodation (PBSA) scheme in Stratford, East London, with a Gross Development Value (GDV) of £120m. The development was a joint venture between Watkin Jones plc and Housing Growth Partnership.

The proposed conversion of a Leeds city centre office building into more than 100 student flats has been given the green light. Malik Group Holdings Ltd (MGHL) submitted an application to Leeds City Council earlier this year for the change of use of Coverdale House on East Parade.

Tri7 has acquired a site in Manchester for around £16m from Vision Manchester Limited, who went into administration earlier this year after failing to service a loan agreement, allowing Tri7 to take on the stalled project.

Specialist third-party manager of residential for rent homes – Fresh – has been appointed to lease up and manage the Glassworks PBSA scheme in Bristol, on behalf of UBS AM’s Real Estate & Private Markets business (UBS AM REPM).

The joint venture between Galliard Homes and Apsley House Capital – Galliard Apsley Partnership is seeking planning consent for its College Gardens proposals. In February 2023, planning permission was granted to Get Living for 681 student accommodation rooms and 821 Build to Rent apartments.

International student housing managed marketplace – University Living – recently acquired 51% of StudentTenant, an established entity specialising in purpose-built student accommodation (PBSA) in the UK.

Public consultation has started over revised plans for Glasgow’s massive College Street goods yard site following sale of the land to a different developer. The Galliard Apsley Partnership is in the process of seeking planning consent for a residential-led, mixed-use scheme on the 7.5-acre derelict site between Collegelands and Bell Street, beside Parsonage Square.