-‎Wire-

Institutional Property Advisors (IPA), part of Marcus & Millichap, has exclusively listed Raintree Commons, a 924-bed, 152-unit student housing community near Brigham Young University in Provo, Utah, for sale via an open bid process.

Singaporean developer Centurion plans a $300 million project at 200 North Terrace, Adelaide, featuring three towers including a 30-storey student accommodation building, with construction expected to start in 2027 pending planning approval.

China Resources subsidiary CR Longdation acquired the four-star Hotel Cozi Oasis in Kwai Chung for HK$953 million (US$122 million), marking the largest hotel transaction in Hong Kong this year.

Developer MRP, contractor McAleer & Rushe, and funder Puma Property Finance have topped out Broadway Studios, a 432-bed purpose-built student accommodation (PBSA) in Glasgow city centre, on track for completion in summer 2026.

A 12-story, 48-unit student housing tower near the University of Tampa sold for $21.8 million, nearly five times its 2017 price of $4.6 million, reflecting significant value growth in downtown Tampa’s rental market.

Duncan Cooper, chief financial officer at Travis Perkins, has been announced to join Unite Group as a non-executive director, as the latter experienced a 78 per cent tumble in profit in its latest financial results.

Glenhawk provided an £11.7 million, two-year loan to refinance a purpose-built student accommodation scheme in Aberdeen, enabling the borrower to implement a business plan focused on appointing a new managing agent and increasing occupancy and rental income.

HB Reavis has secured planning consent to convert 10 Leake Street, an outdated office building near London’s Waterloo station, into a 233-room purpose-built student accommodation (PBSA) scheme, designed by PLP Architecture.

Summix OCS Developments Ltd has submitted plans to Southwark Council to build 465 student flats across two blocks on Ossory Road and 26 social rented family homes on Verney Road, with planning permission expected on March 3.

Telford Living, the UK residential development arm of Trammell Crow Company, has submitted a planning application for a 520-bed purpose-built student accommodation (PBSA) scheme in Bethnal Green, East London, on a 0.9-acre brownfield site near Bethnal Green Underground station and Queen Mary University campuses.