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KKR buys $1.64 billion PBSA portfolio
Reading Time: < 1 minute US: Investment firm KKR has agreed to buy a portfolio of 19 student housing assets from Blackstone Real Estate Income Trust for $1.64 billion.
Reading Time: < 1 minute US: Investment firm KKR has agreed to buy a portfolio of 19 student housing assets from Blackstone Real Estate Income Trust for $1.64 billion.
Reading Time: < 1 minute UK: Developer South Bank Square has submitted a planning application for a PBSA scheme on the site of the Fanum House office block.
Reading Time: 2 minutes UK: Vita Group has submitted a planning application for the 20 India Street regeneration site in central Glasgow.
Reading Time: 2 minutes UK: Planning consent for Northern Ireland’s first Passivhaus student accommodation has been granted by Belfast City Council planning committee.
Reading Time: < 1 minute UK: 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 minute Singapore: 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 minute UK: Proposals to conserve and convert a former bingo hall in Leith into student homes have been submitted.
Reading Time: < 1 minute Spain: Vita Group has completed the sale of two Vita Student residences in Barcelona to a fund managed by Morgan Stanley Real Estate Investing (MSREI).
Reading Time: < 1 minute UK: Software company Kainos and Queen’s University have submitted planning applications for a new office block and a PBSA scheme at the site of the former Movie House cinema on Belfast’s Dublin Road.
Reading Time: < 1 minute UK: Research from Savills has revealed that nearly 100,000 more student beds are needed to meet demand in London.