Two UK universities form JVs for PBSA projects worth £400 million
UK: Newcastle University and the University of Sussex have partnered with Unite and Balfour Beatty respectively to deliver nearly 4,000 new student beds.
UK: Newcastle University and the University of Sussex have partnered with Unite and Balfour Beatty respectively to deliver nearly 4,000 new student beds.
UK: Secretary of state Michael Gove has announced plans to speed up brownfield housebuilding and relax restrictions around commercial-to-residential conversions.
Italy: Investment manager Partners Group has formed a JV with Camplus, an Italian student accommodation operator.
UK: Cushman and Wakefield’s latest quarterly UK residential insight report highlights investor sentiment to BTR.
UK: Moorfield Group has entered into its fourth development agreement with Glenbrook to forward-fund a £120 million GDV BTR development at Lumina Village in Trafford, Manchester.
UK: A new survey of global real estate fund managers has found that 56 per cent of investors feel optimistic towards the outlook for UK and European commercial real estate investments over the next 12 to 18 months.
Singapore: The Ascott Limited (Ascott), a lodging business unit owned by CapitaLand Investment (CLI) and CapitaLand Wellness Fund (C-WELL), have jointly acquired a freehold property in Singapore to be relaunched under the lyf brand.
UK: Unite Students has begun the construction phase of the £185 million Hawthorne House PBSA development in Stratford, east London.
UK: Real estate investment manager Precede Capital Partners has received B Corp certification, signifying the firm’s commitment to ESG and responsible business practices.
Editor George Sell shares five trends he thinks will resonate throughout the real estate and hospitality sectors in 2024.