Key Highlights: Beachrock sold Chamberlain Place’s purpose-built student accommodation in Birmingham to Apollo Global Management for £32.5 million. The 209-bed property across from Aston University reflects a 5.75% net initial yield or £142,000 per student bedroom. Chamberlain Place amenities include a gym, lounge areas, study spaces, a cinema, a dining room, laundry, and bike storage. The Grade II listed […]
Key Highlights: McLaren Property has been granted planning permission by Liverpool City Council for a new 242-bed purpose-built student accommodation (PBSA) on Myrtle Street. The PBSA will have studio rooms in 4-6-bedroom clusters and shared amenities like a lounge, study hub, and cinema. The site is near the University of Liverpool campus and has good transport links, […]
Key Highlights: 1. Plans were approved for a new student housing project with over 700 units in 31-storey towers in Birmingham’s city centre. 2. Development will redevelop a former hospital site, retaining two historic listed buildings. 3. The project includes the demolition of existing 1990s student housing and the construction of new modern accommodations. 4. […]
Key Highlights: 1. An unused car park in Radford where John Player’s Castle Tobacco factory once stood could become a 587-bedroom student complex. 2. The proposed development would consist of 116 student apartments housing over 500 students. 3. Student Lodge would operate the 7-story apartment block and have shared spaces, landscaping, parking and cycle storage. […]
Key Highlights: 1. Torsion Group has secured a £26.2m finance deal with Atelier for a new student accommodation near the University of Warwick. 2. The deal is to develop 196 studios for student housing. 3. The new student accommodation is expected to be complete for the academic year starting September 2025. 4. Torsion CEO Dan […]
Key Highlights: 1. Aviva Investors has invested £150m into purpose-built student accommodation (PBSA) to expand its portfolio. 2. The acquisition includes 6 PBSA assets across 4 UK cities – Edinburgh, Liverpool, Exeter, and Falmouth – providing over 1,000 student beds. 3. The deal includes a complimentary 65,000 sq ft mixed-use commercial asset in Liverpool with […]
Key highlights: 1. GRAHAM has been awarded a £70m contract by Bricks Group to redevelop the Bendigo Building in Nottingham into student housing. 2. The project will create the True Nottingham luxury PBSA scheme, operated by Bricks Group’s management platform, True Student. 3. The development will deliver 661 student beds in the studio and 4-6 […]
Key highlights: 1. Town Centre Securities has proposed 1,110 new student bedrooms at the Merrion Centre in Leeds. 2. The proposal involves converting an existing 13-storey office building into a new 35-storey tower. 3. The accommodation would include studios and cluster rooms with amenities like lounges, a gym, and a cinema. 4. The project aims […]
Key Highlights Latest Update: News in detail Glasgow City Council Planning Department gives the green light for a new student housing complex in the city center. The development plans to set up shop at St Vincent Street and Pitt Street junction, on the spot currently hosting an unoccupied office building from the mid-1980s. Artisan Real […]
Key Highlights: Unite Group reported record demand for student beds, with 71% already booked for the 2024/25 academic year. This booking rate is up from 70% in the same period last year, showing continued strong demand. The company expects to achieve 5% rental growth across its portfolio this year. Unite is on track to meet […]