PCM Property Investment granted planning for Stirling PBSA
PCM Property Investment has received planning consent to develop a new purpose-built student accommodation (PBSA) scheme in Stilrling. The redevelopment will raze a former public house on the site.
Small reduction agreed in size of seven-storey building for Westside carpark
City planners have permitted a number of changes to the 240-bed student accommodation complex to be built in the carpark of the Westside Shopping Centre.
UTB plans build to rent lending expansion with senior hire
United Trust Bank (UTB) has appointed Andy Thomson to the role of senior director to develop the lender’s build to rent proposition and explore opportunities in the student accommodation and co-living markets.
Halstatt Real Estate Partners Sells UnionWest at Creative Village
Halstatt Real Estate Partners, a real estate private equity firm, today announced the sale of UnionWest at Creative Village, a mixed-use purpose-built student housing tower in Orlando, Fla.
Linden Hill secures planning for Maple House PBSA
Linden Hill Capital Management has secured planning approval for the Maple House purpose-built student accommodation (PBSA) development in Birmingham city centre.
Edinburgh student accommodation scheme sold for more than £35m
A purpose-built student accommodation (PBSA) scheme in Edinburgh has been sold for more than £35 million to Legal & General (L&G). Lower Gilmore Place, located in the Fountainbridge area, has been acquired off market by L&G’s managed fund from Glencairn Properties.
Paragon completes £32m funding on PBSA development in Cambridge
Cammaro Limited has secured a funding facility and stabilisation loan from Paragon Bank’s Development Finance division for a new £32 million, 138-unit purpose-built student accommodation scheme in Cambridge.
Student accommodation operator Scape Australia reportedly keen to buy Aveo’s retirement villages for $3.5bn
The Financial Review, quoting sources, claims four companies want to buy the leading retirement village operator owned by Brookfield, stating the leading student accommodation developer Scape is through to the second round of the possible $3.5 billion auction.
Student accommodation plan for Glasgow’s Bath Street moves to planning stage
McLaren Property is proposing to replace a redundant 1970s-style office building at 285 Bath Street with a 19-storey tiered tower. The plans include a ground-floor community space and a commercial unit suitable for use as a cafe or shop.
Proposed Îlot Voyageur Sud building in Ville-Marie to include student housing, off-market units
A space near downtown Montreal that has been vacant for more than a decade is one step closer to being developed, in part, into community housing and housing for students.