Hong Kong Explores Student Housing Land Sales as Office Demand Declines
The Development Bureau has invited expressions of interest for student hostel projects on three commercially zoned sites in Kai Tak, Siu Lek Yuen, and Tung Chung East, marking the first government land sale exclusively for student accommodation use.
Major Coventry Student Housing Development Receives Approval
Coventry City Council has approved a change of use for Waters Court in Salt Lane from exclusively student accommodation to a flexible model including serviced apartments, aiming to address high vacancy rates amid declining student demand.
Okra Investments Forms UK PBSA Joint Venture
Orka Investments has partnered with a global institutional real estate investor to acquire UK purpose-built student accommodation (PBSA) assets, starting with three off-market deals totaling 1,300 beds primarily located near Russell Group universities.
CDP Launches €599 Million PNRR Initiative to Enhance University Student Housing
CDP publishes the PNRR call for proposals for new university housing: €599 million, contributions of up to €20 per bed, and a target of 60 student housing by 2027.
CBRE Supports Mansford LLP in Refinancing the UK’s Largest Student HMO Platform
CBRE advised Mansford LLP on refinancing Student Cribs, the UK’s largest student HMO platform with 5,271 beds across 1,220 assets in 25 key student locations, securing a £600m loan to replace existing debt and enhance operational flexibility.
New Operator Appointed for Two Key Student Residences in Lancaster
The CityBlock buildings on Marton Street and Penny Street will be run by Host, which has almost 30 years’ experience in delivering award-winning services to students.
Developers Invited to Deliver 1,250 New Homes in Glasgow City Centre
Glasgow’s largest city centre living sector project is advancing as the Scottish Fire and Rescue Service prepares to vacate its Cowcaddens complex, opening a 4.4-acre site with planning permission to deliver over 1,250 new homes.
Compton College Advances New Student Housing Development
Compton College has installed all prefabricated modular units for a new student housing complex on a 2.8-acre site, featuring 151 one- and two-bedroom suites designed to accommodate up to 251 homeless and low-income students.
JLL Brokers Sale of 376-Bed Hillsborough Property Serving NC State
JLL Capital Markets facilitated the sale of Live on Hillsborough, a 203-unit, 376-bed student housing community near North Carolina State University in Raleigh, representing sellers TPG Angelo Gordon and Horizon Realty Advisors.
£21.7m Loan Secures Development of Over 200 Student Flats in Birmingham
Development finance lender Atelier has completed a £21.7m loan to fund the development of a purpose-built student accommodation block in Birmingham with more than 200 beds.