Coliving is entering a vital new stage of its growth journey
Education and co-operation are vital if the UK coliving sector is to flourish, says Barry McKeown of Shoosmiths.
Education and co-operation are vital if the UK coliving sector is to flourish, says Barry McKeown of Shoosmiths.
Australia: The City of Sydney has proposed several amendments to the Sydney Local Environment Plan that would encourage developers to deliver more BTR and coliving schemes in central Sydney.
UK: Wise Living has announced has been appointed by PGIM Real Estate to manage and let a 918-home SFR portfolio in the north-west of England.
South Korea/Germany: Developer SK D&D and coliving platform Habyt have formed a strategic partnership after the signing of a MOU in Berlin.
UK: Grainger is set to launch Glasshouse Square, a 468-unit BTR development in Bristol next year.
UK: Global investment manager Hines is forward-funding the Pottery Lane BTR scheme in Newcastle, its first deal in the UK BTR market.
UK: Developer Beech Holdings has secured planning permission for its Sheffield Gardens BTR scheme on the city’s Meadow Street.
New Zealand: A newly launched BTR tracker has revealed that New Zealand has 1,307 BTR homes already delivered, with a further 850 under construction and 3,395 in the pipeline.
Recent changes to permitted development rights are welcome, but with the housing crisis worsening, the flexibility of the new Class MA should be extended further, says James Doherty of Boyer.
UK: UK BTR investment volumes in Q1 2024 reached £433.3 million, down from £1.2 billion in the same period last year, according to new preliminary data from CBRE.