-‎Wire-

The Fayetteville Planning Commission recommended making room for a student housing complex planned near Center Street and West Avenue by vacating an alley right of way on Monday. A student housing complex with more than 500 beds is planned for the area, according to plans presented to the commission.

Plans have been revealed for a major student accommodation scheme next to a Nottingham city centre gateway hotel. The car park next to the hotel could be turned into a 163-bed student development on the corner of Mansfield Road and Magdala Road. The scheme will include some 83 cycle parking spaces.

The National Student Financial Aid Scheme (NSFAS) has appointed Errol Makhubela as the new executive for Core Business, effective from December 1. Makhubela, who is now the Chief Operations Officer (COO), will form part of the NSFAS executive management in charge of student applications support, quality assurance, support services, and value-added support for an optimal student experience.

Maslow Capital is supporting the development of two student accommodation schemes in the heart of Leeds and Lancaster with a finance package totaling £68m. The funding will enable the client — a joint venture between H.I.G Realty Partners and Primus Property Group — to deliver 790 student beds across the two projects.

International law firm Womble Bond Dickinson (WBD) has once again advised real estate fund manager Frogmore on a deal to buy 627-bed student accommodation campus, Singer Hall, from Coventry University.

In a strategic move to further bolster its leadership team and drive its global expansion, Yugo, the first global student housing brand and operator announces the arrival of Joe Persechino as Chief Operating Officer (COO). Christopher Holloway, a pivotal force behind Yugo’s growth, is promoted to Chief Business Development Officer (CBDO), to deliver on Yugo’s strategic growth plans, new market entry and integration.

Australian Unity has teamed up with investment manager MaxCap Group and student digs operator UniLodge with plans to develop a $1 billion portfolio of accommodation facilities, with the seed asset already acquired in Perth.

Urban regeneration specialist Vita Group is bringing forward new plans for the former Barker & Stonehouse building along with the neighbouring Strawberry House building on Leazes Park Road in Newcastle.

Financial details were not disclosed. The asset adds 218 beds in 102 apartments across two buildings to Heitman’s portfolio. The acquisition follows the purchase of student housing platform, Bo Coliving, in March 2023.

Student Quarters, an investor that specializes in student housing, acquired for $181 million an Atlanta apartment tower that caters to Georgia Institute of Technology students.