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The lender, with a £6.8 billion loan book, announced its inaugural securitisation facility for development lending, unlocking additional finance needed for building projects. This will include experienced small and medium-sized regional developers undertaking housing schemes, student accommodation, care homes, social housing and mixed-use projects.

Northeastern University received approval from the Boston Planning and Development Agency board for a 23-story tower on Columbus Avenue, accommodating up to 1,370 students, Boston Business Journal reported. Additionally, The Druker Co. Ltd.

Aspen Group Limited has purchased 81 student apartments near Deakin University’s Burwood campus. The c24 square metre Burwood dwellings are each costing $100,000.

Plans to turn a former Glasgow nightclub into student accommodation have been revealed. Real estate investor CA Ventures has announced proposals to redevelop the Archaos site on Queen Street, which has lain empty since 2007.

The proposed development on the corner of West Bell Street and Ward Road will provide 417 student rooms across six floors and feature a cinema and gym.

Fusion Group have secured unanimous approval for a development of 807 student beds in Leeds with partners Tri7. The partnership will also deliver 36,000 sq ft of retail and commercial space plus improved public space for the community.

A 2.5 acre park is to be created in Glasgow, the first for many years, as part of a £95 million development of build-to-rent and student accommodation. Dawn Developments and Drum Property Group are working together on the final phase of the Collegelands Park scheme close to the Cathedral.

The Valesco Group, the UK and European specialist real estate manager with assets under management of €2.5 billion, is launching an investment drive into purpose-built student accommodation in the city.

Empiric Student Property plc, the owner and operator of premium, studio-led student accommodation aligned to top-tier universities, is pleased to report its preliminary results for the year ended 31 December 2023.

As waitlisting for student housing continues to be an issue, the University of Memphis is laying out a plan to expand housing services, primarily through new apartment-style student housing on the Park Avenue campus. The expansion is expected to be completed by the fall of 2026.