Reading Time: 2 minutesKSA: Majd Investment, Sumou Global Investment (SGI), and Strategic Housing Group (SHG) have launched Dedicated Housing Company (DHC), a joint venture with an initial SAR2 billion (£400 million) fund, to develop coliving for professionals and students.
Reading Time: 2 minutesAustralia: Greystar plans to more than double its Australian student portfolio within the next two years.
Reading Time: < 1 minuteULN editor George Sell talks to David Woodward, CEO of GAA Living, about the living sector in mainland Europe, future consolidation in the coliving space, the potential for ‘garden style’ BTR developments in the UK and more.
Reading Time: < 1 minuteUK/Singapore: Far East Orchard has completed the second stage of the phase acquisition of Homes For Students (HFS), a student accommodation provider in the UK, raising its interest to 84 per cent.
Reading Time: 2 minutesUK: MRP, the investment and development arm of construction group McAleer & Rushe, has secured a £58 million loan from Puma Property Finance to fund the development of a 432-bed purpose-built student accommodation (PBSA) scheme in Glasgow city centre.
Reading Time: 2 minutesUK: Watkin Jones has sold a 784-bed purpose-built student accommodation (PBSA) scheme in Glasgow to a new joint venture between itself and Maslow Capital.
Reading Time: 2 minutesUK: Real estate investor, developer and asset manager Firethorn, has appointed HG Construction to deliver a purpose-built student accommodation (PBSA) site in Hackney Wick.
Reading Time: 2 minutesUK: Fusion Group, one of the UK’s largest privately-owned student accommodation developers and operators, has appointed Richard Pilkington as group CEO.
Reading Time: 7 minutesUK: New research from Bidwells reveals the UK’s operational living sector is facing a period of significant challenge, with BTR particularly badly affected – BTR planning applications have fallen to their lowest level since 2015 and current submissions are 35 per cent below the 10-year average.
Reading Time: 2 minutesCanada: QuadReal Property Group has acquired the UNCLE brand in the UK and Europe as well as Realstar’s UK and Ireland residential operating platform, which will be re-named.
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