Reading Time: 2 minutesUS: From November 2022 to May of this year, the average rental cost for US PBSA grew faster than rent prices for multifamily housing for the first time.
Reading Time: < 1 minuteUK: Construction company Galliford Try’s Investments and Building businesses have signed contracts to deliver a £52 million BTR development at Guildford Crescent in Cardiff.
Reading Time: < 1 minuteUS: WeWork has issued a warning to investors that it may not be able to continue as a viable business.
Reading Time: < 1 minuteUK: PBSA provider iQ Student Accommodation has been granted planning permission by Manchester City Council for its Echo Street scheme.
Reading Time: < 1 minuteUS: ARK Homes for Rent says it is finalising plans with strategic investors that will allow it to invest up to $2 billion in SFR and BTR communities.
Reading Time: 2 minutesUK: New research from global real estate advisor CBRE has found that the UK’s major university towns are facing a shortage of more than 350,000 beds, as demand continues to outweigh supply and delivery of student accommodation.
Reading Time: 2 minutesUK: US developer Hines has submitted plans for three towers on a site near Blackfriars Bridge on the south bank of the Thames.
Reading Time: < 1 minuteUK: Urbanite Living has started construction work on a £33 million PBSA development at Jocelyn Square in Glasgow city centre.
Reading Time: < 1 minuteUS: Legacy Partners and Invesco will convert the Hive creative office campus in Costa Mesa, California into a residential project.
Reading Time: < 1 minuteUK: Citra Living, Lloyds Banking Group’s BTR arm, has acquired 49 homes at a 1,000-unit development in Gedling, Nottingham.
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