Unite secures £150 million loan from LGIM
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.
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.
Singapore: Mapletree Investments has acquired 8,192 student housing beds from Cuscaden Peak Investments, in a deal worth £1 billion (S$1.7 billion).
UK: Proposals to conserve and convert a former bingo hall in Leith into student homes have been submitted.
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).
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.
UK: Research from Savills has revealed that nearly 100,000 more student beds are needed to meet demand in London.
UK: Avon Capital Estate is seeking to build 460 student units as part of the Temple Quarter regeneration project.
UK: Blacklight Capital Partners is nearing completion at Limelight, a £60 million Liverpool student accommodation project.
UK: A planning application has been submitted for the regeneration of Glasgow’s Charing Cross area.
UK: Watkin Jones has announced the forward sale of a new 260 bed PBSA development at Gas Lane in Bristol.