Reading Time: 4 minutesRecent 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.
Reading Time: < 1 minuteUK: 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.
Reading Time: < 1 minuteUK: Legal & General Investment Management (LGIM) has provided a £150 million senior loan to PBSA operator and developer Unite, secured against 10 assets across the UK.
Reading Time: < 1 minuteSingapore: Mapletree Investments has acquired 8,192 student housing beds from Cuscaden Peak Investments, in a deal worth £1 billion (S$1.7 billion).
Reading Time: < 1 minuteNigeria: Ahmadu Bello University in Zaria has signed an agreement with the Student Housing Company Limited for the development of 1600-beds under a Public Private Partnership (PPP) arrangement.
Reading Time: 2 minutesUK: Coliving specialist Built Asset Management (BAM) has acquired ProCo-Living, its fourth acquisition is less than three years.
Reading Time: < 1 minuteAustralia: Coliv Macquarie, an entity led by Point Capital’s Mark Peters and Lucas Salagaras, has submitted plans for a 16-storey coliving tower in Parramatta, NSW.
Reading Time: 2 minutesUK: The Association for Rental Living (ARL) – formerly UKAA – has named the members of a committee to lead its work in representing institutionally-backed single family housing.
Reading Time: < 1 minuteUK: Swiss Life Asset Managers and True North Management have created a partnership to invest in the UK co-living sector, with Swiss Life taking a minority stake in True North.
Reading Time: < 1 minuteUS: Private equity giant Blackstone has agreed to buy Apartment Income REIT, known as AIR Communities, for around $10 billion.
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