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 […]
Key Points: Core Spaces and Harrison Street bought Rive Eugene, a student housing property with 209 units and 686 beds, in Eugene, Oregon. Rive Eugene is next to the University of Oregon campus. Restaurants, shops, and fun spots are close. This property offers a fantastic rooftop pool, gym, clubroom, and quiet work areas. They have […]
Key Highlights: Demand for purpose-built student accommodation (PBSA) has reached a peak and continues to rise, according to the latest Savills report. However, there is still an imbalance between supply and demand, with low vacancy rates and increasing numbers of overseas students arriving. The pipeline of new PBSA developments is forecast to ease over the […]
Key Highlights: 1. MRP sets off to create The Place, a 409-unit PBSA plan in Nottingham. It’s their first self-funded project. 2. The 11-story establishment’s construction commenced in February 2023. It’s supposed to be completed in the summer of 2024. 3. The Place gifts students with amenities such as a gym, private dining, study, and […]
Key highlights: 1. UXCO Group acquires a new student housing scheme in Chambéry, France. This is their 5th acquisition in France in 2023. 2. The new residence will have 124 beds across studios to 4-bedroom units. It will also have over 500 sqm of amenities like a gym, cinema, gaming room, etc. 3. The residence will […]
Key highlights: 1. Reservations are now being accepted for student housing at Winfield Court for the September 2024 term. These new living arrangements will help tackle Nottingham’s project lack of 7,000 student beds. 2. Phase two of The Island Quarter’s redevelopment project, called Winfield Court, will add to the mixed-use complex on its 36-acre property. […]
Key Highlights: There is a major shortage of affordable student housing in Italy, with universities providing less than 5% of the beds needed for out-of-town students. This has sparked widespread student protests demanding solutions. The Italian government has allocated €960 million in EU recovery funds to create an additional 56,000 student housing places by 2026. […]
Key Points: EVO Student, a new brand by Homes for Students, has opened its first purpose-built student accommodation scheme called Arcadian in Nottingham. Located in central Nottingham across from the Victoria Centre, Arcadian will offer 293 ensuites and studios to residents starting September 2024. Arcadian will feature premium amenities like fitness spaces, study areas, high-speed […]
Key Highlights: 1. Alumno celebrates opening of new 60-bed Ravilious House PBSA scheme in Brighton. 2. Named after WWII artist Eric Ravilious who had strong ties to the area. 3. Features studio flats, two-aspect rooms, cinema, games room, rooftop garden and on-site café. 4. Tailored residence for students of The Screen and Film School, Brighton. […]
Key highlights: 1. Developer Regal London unveils plans to transform Orchard Wharf into a mixed-use development along the Thames River. 2. The plans include 217 new affordable homes, meeting 35% of total units, helping fulfill the Mayor’s pledge of 4,000 new social homes. 3. There will be around 1,365 purpose-built student accommodation (PBSA) beds to […]