GLA drafts planning guidance for coliving
UK: The Greater London Authority has drafted a new planning guidance on coliving, which it terms as Large-scale Purpose-built Shared Living (LSPBSL).
UK: The Greater London Authority has drafted a new planning guidance on coliving, which it terms as Large-scale Purpose-built Shared Living (LSPBSL).
Australia: Real estate asset manager Pro-Invest plans to buy and convert 10 Australian hotel and office assets in to a 2000-unit coliving portfolio.
UK: Developer Hub, in partnership with Bridges Fund Management, has submitted plans for a coliving-led development at 45 Beech Street in the City of London Corporation.
Singapore: Apricot Capital, the family office of coffee tycoon David Teo, has completed the S$105-million ($78.1 million) purchase of a mixed-use property in the city’s upscale Bukit Timah area.
UK: Developer JMH Group has submitted plans for 487 coliving rooms and a 110-bedroom hotel in Abbey Wood.
Eloise Hanson, editor – hospitality of Boutique Hotel News and Serviced Apartment News (sister publications to Urban Living News), chats to Charle MacGregor, founder and CEO of The Social Hub. They discuss the impact of changing traveller habits on the group’s expansion and the need for affordable student housing in Europe, as well as Jedis, Leonardo DiCaprio, and Charlie’s ultimate dream goal of world peace.
UK: Real estate asset management firm Outpost Management, has announced the forward-funding acquisition of a 462-unit development in North Acton, London, through its joint venture with BlackRock Private Markets from developer and contractor, Tide.
UK: Coliving developer and operator Re:shape has acquired three sites in London and is seeking a funding partner to build out its pipeline of around 2,000 beds.
UK: Singapore-based City Developments Limited (CDL) has expanded its UK portfolio with the acquisition of The Yardhouse, its first coliving development in London.
UK: Developers SFGE Properties and Oppidan Life have secured planning approval for a 40-storey coliving tower in Sheffield city centre.