Watkin Jones returns to profit thanks to PBSA deals
Watkin Jones returned to profit in 2024 after completing the sale of two major purpose-built student accommodation (PBSA) schemes. The property developer reported an adjusted pre-tax profit of £9.2m for the 12 months ending 30 September 2024, having made a £2.9m loss in the previous period.
GSA appoints Regional Development Manager in Italy
Global Student Accommodation (GSA) has appointed Linda Delmedico as Regional Development Manager in Italy. Linda is GSA’s first employee in the country, marking a significant milestone in the company’s European growth strategy.
Construction begins on new 266-bed student housing building at VIU Nanaimo
Construction of a large student housing and dining hall building at the Vancouver Island University Nanaimo campus is officially underway. The 10-storey building will be home to 266 beds, as well as a 200-seat dining hall, the province announced Thursday.
X1 Campus submits plans for Salford PBSA
X1 Campus has submitted plans for a new purpose-built student accommodation (PBSA) development in Salford. Designed by Tim Groom Architects, the ten-storey development will comprise 396 PBSA studios and wheelchair-accessible studios.
Scape Australia Revamps Student Housing Vehicle to Create $3.8B Open-Ended Fund
Australia’s biggest owner-operator of student housing, Scape, has converted its flagship purpose-built student accommodation vehicle into a A$6 billion ($3.8 billion) open-ended core fund with a 16,000-bed portfolio across 33 operational assets.
Q Developments purchase Ilford site with plans for PBSA
Q Developments has acquired the multi-story Ley Street Car Park site in Ilford, East London. The 1.3-acre site was bought for £8.35m. The planned development would include 550 PBSA units, 200 Build to Rent units and 60 C3 residential units.
Gilbane Begins Development of 485-Bed Student Housing Community Near UC Berkeley
Gilbane Development Co. has broken ground on Pique, a 485-bed student housing project located at 2587 Telegraph Ave. near the University of California (UC) Berkeley campus. The eight-story community will offer 52 units with bed-to-bath parity.
First look at Edinburgh student housing block set to replace former artists studios
Plans have officially been submitted for the demolition of former Edinburgh artists' studios into student accommodation.
Here’s What Villanova’s Planning With Its $75M Cabrini Campus Renovation
Villanova University is hoping to eventually house 900 of its students at the Cabrini University campus in Radnor when it completes $75 million in renovations there, writes Ryan Mulligan for Philadelphia Business Journal.
First complete look at Temple Quarter transformation as student block plans revealed
A decision is due this week on whether to greenlight a new student accommodation block next to the River Avon near Bristol's Temple Meads station.