King Street and Alea announce €375m PBSA platform
Global investment management company King Street Capital Management and Portuguese private equity firm Alea Capital Partners announce that they have established a joint venture that is aiming to invest €375m.
Nido Living makes senior appointment to aid European expansion
Nido Living has appointed Taco van Heusden as Chief Investment and Development Officer (CIDO), to drive the company’s strategic expansion into new European markets, with a major focus on Italy and Germany.
Student flats plans added to growing development
Plans to add student flats to part of a growing city centre development have been submitted. The application to build 89 flats near South College in Durham have been put forward by Banks Groups.
Bahrain’s GFH buys $300m US student housing assets
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.
Former department store on famous Scottish shopping street put on market
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.
Unite Students completes £32m refurbs at 11 PBSA schemes
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.
Sama Investment’s 301-bed Birmingham PBSA tipped for approval
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 and Urbania launch Spanish living joint venture delivering over 850 PBSA and flex-living...
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.
Two new towers and student digs that could ‘overshadow’ Victoria Baths: The key developments...
A 27-storey building and a huge overhaul of a student accommodation complex are among the applications approved by Manchester this week.
University of Idaho to begin $162M student housing project
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.