-‎Wire-

As a first step in creating mixed living facilities similar to colleges abroad, the Indian Institute of Technology Bombay (IIT-Bombay) will soon have a co-ed hostel complex to address accommodation issues at its campus.

YTL Developments said it has secured planning permission for 1,514 beds of student accommodation at Brabazon - the new 380-acre neighbourhood being built on the historic former Filton airfield in Bristol.

Morgan Stanley Real Estate Investing's open-ended core fund is in exclusivity to buy two new student housing blocks in Barcelona. According to sources at Mipim, MSREI's Prime Property Fund Europe is investing at a yield of approximately 4.75%, in a circa €150 mln transaction. The vendor is Vita Living.

Thor Equities Group and Vesper Holdings have formed a joint venture student housing platform to be called Thor Vesper. The joint venture will be led by Managing Director of Student Accommodations, Christian Davis, who is based in Thor’s London office.

WEST LAFAYETTE, IN - Muinzer, a fully-integrated real estate investment firm specializing in student housing, announced the sale of the Salisbury Portfolio near Purdue University in West Lafayette, IN.

A joint venture including Inland, Peerless Development and Core Spaces has received $102.1 million in construction financing for HUB Tallahassee, a student housing project in Tallahassee, Fla., according to Leon County public records. JPMorgan Chase provided the financing, the same source reveals.

Harrison Street has recapitalized The Aves at Twelve 100, a student housing community located adjacent to the University of Central Florida campus in Orlando. Harrison Street executed the transaction via a new joint venture with The Scion Group.

Watkin Jones Group and Fresh have partnered with Samsung Electronics (UK) Limited on an innovative long-term partnership. Samsung will provide a range of technologies for multiple projects and will offer exclusive discounts to Fresh residents.

Planning permission for Phase 2 of the scheme, to deliver 98 studio apartments, was unanimously backed by local councillors last month.

Investor-developer, Blacklight Capital Partners’ £60m Liverpool student accommodation project, Limelight, is nearing completion.