Reading Time: 4 minutes UK: The Bank of England has announced that it will cut interest rates from a 16-year high of 5.25 per cent to five per cent, marking the first rate drop since the onset of the Covid-19 pandemic in March 2020.
Reading Time: 2 minutes UK: Newcastle University has released new images of a £250 million redevelopment of purpose-built student accommodation [PBSA] site at Castle Leazes.
Reading Time: 2 minutes Northern Ireland: Student accommodation owner and operator, Student Roost, has announced that it has completed a 12-storey development in Belfast.
Reading Time: < 1 minute Dubai / Hong Kong: Dubai-based rental service Colife is expanding its operations into Hong Kong with plans to develop furnished coliving spaces and common areas.
Reading Time: 2 minutes UK: Coliving developer and operator, Re:shape, has unveiled proposals for a 413-unit coliving scheme in Salford and is seeking feedback on the plans.
Reading Time: 2 minutes UK: Property investment agency Harris Associates has launched the sale of Brixton Junction by Node – a coliving asset in Brixton, London.
Reading Time: 2 minutes UK: A £12 million regeneration scheme led by modular construction firm Stelling Properties to restore and revive a historic site in the centre of Southampton is nearing completion.
Reading Time: < 1 minute UK: Vita Group has unveiled proposals for a new purpose-built student accommodation [PBSA] development scheme at First Street in Manchester.
Reading Time: 3 minutes UK: A new joint venture between tech-powered hospitality operator Bob W and Osborne+Co Investment Management [OCIM] has launched a £120 million equity raise to acquire and repurpose hotel and office assets into “high-quality” short-term serviced apartments.
Reading Time: 2 minutes UK: The latest report released by The Mortgage Works has highlighted an 80 per cent uptick in private renting for tenants between the ages of 55 and 64 over the past decade.
