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Paragon Bank provided a loan to refinance and support the ongoing development of Peppermill Court, a £34.7m PBSA project in York led by HACS Construction, with completion expected in summer 2024.

The University of Pittsburgh plans a 400-bed dormitory for first-year students at property it owns near Fifth and Ruskin avenues in Oakland. The university is in a design-build selection process for a first-year residence hall at a parking lot adjacent to the Music Building and annex, said spokesman Jared Stonesifer.

Gamuda Land UK’s current gross development value (GDV) stands at approximately £1.5 billion, with around 70% allocated to office developments and student accommodation representing roughly £300 million across three sites, reflecting a strategic focus on assets with strong supply-demand fundamentals amid evolving UK real estate conditions.

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.

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.

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 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 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.

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.

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.