Mace has off-loaded part of its student accommodation portfolio to Ares Generation for £157.5m.
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Student Accommodation News
The City of Lincoln Council has estimated that the need for student housing will be greatly reduced by 2026.
One of the world's largest pension funds is to invest hundreds of millions of points into UK purpose-built student accommodation (PBSA). APG, a Dutch base investor, is putting up around 75% of the cash in a £500m joint venture with Scape.
In Q1-2021 (Oct-Dec) lettings activity was strongest for 6-bed properties and clusters. Meanwhile, planning application activity rebounded in the last three months of 2020, albeit the downward trend persists.
Greystar Real Estate Partners has snapped up five student accommodation assets from KKR for £291m.
Sinn Fein leader, Mary Lou McDonald has weighed in on plans to build a new co-living scheme in Dublin's Northside.
RedOak Property has finalised a £21.5m senior loan facility for a block of purpose-built student accommodation (PBSA) in Nottingham.
Plans to build hundreds of beds above a builder's merchants in Paddington are moving forward.
Coventry city's opposition leader has argued that plans for additional purpose-built student accommodation (PBSA) should be put on hold amid concerns that coronavirus has led to a reduction in demand.
The developers behind the Howard Gardens block of PBSA in Cardiff are seeking permission to change its use due to a lack of demand.
