Developer secures £500m to accelerate regional pipeline
A £500m equity injection has been secured by Birmingham-based developer and investor, Sama Investments. Funding will help the group’s wider strategic approach of identifying PBSA and residential opportunities which could benefit from its specialist regeneration approach.
Champion Real Estate Acquires Student Housing Near Purdue University
Champion Real Estate Company has acquired Salisbury Campus Apartments, a five-building student housing community near Purdue University at 300, 310 and 318 Salisbury Street and 229 and 235 Littleton Street in West Lafayette, Indiana.
Plans in for 623-bed north London student housing scheme
Plans have been unveiled for a 623-bed student accommodation scheme on the site of a Mecca Bingo hall in north London. Real estate investor Tri7 and student housing developer Fusion Group have submitted proposals for the mixed-use scheme in Wood Green to Haringey Council.
Further Bid For Student Block At City Centre M&S Site
A developer is making a second attempt at getting approval for a massive student accommodation development at the former Marks and Spencer site on Sauchiehall Street. Original plans by Fusion were refused by Glasgow’s planning applications committee in November.
Plans for new development with co-living and student accommodation in Woolwich
Developer Re:shape Living has purchased a site on Macbean Street in Woolwich, with plans to create a new development for co-living and student accommodation. The site could also include a new two-storey community space and public realm, according to the developer.
BOV Committee Approves Darden Student Housing Schematics
The Darden Housing Plan schematics show 218 units in two buildings, with about 350 beds spanning studio units as well as one-, two- and three-bedroom apartments.
£90m student accommodation portfolio placed on the market
Beachrock has been appointed to sell a £90m portfolio of purpose built student accommodation (PBSA), comprising 1,494 student bed spaces. The seven assets are located in four university cities with each bed worth £60k.
Minister announces legislation to stop student accommodation providers mandating 51-week leases
Irish Minister for Further and Higher Education Simon Harris has announced that he will amend legislation to crack down on the practice of forcing students to take leases longer than their term times.
University Partners Acquires 370-Bed Student Housing Community Near University of Georgia
University Partners has acquired The William, a 370-bed student housing community located adjacent to the University of Georgia campus in Athens. The property was developed in 2022 and offers studio, one-, two-, three- and four-bedroom units with bed-to-bath parity.
Alumno and Hurlington Capital Secure Planning for New Student Accommodation by Olympic Park
Alumno and Hurlington Capital have recently celebrated a significant milestone in their collaborative venture, receiving planning approval for a new student accommodation development adjacent to the Olympic Park in East London.