Alumno secures planning for Manchester PBSA scheme
George Sell
August 15, 2023
Reading Time: < 1 minute UK: PBSA developer Alumno has secured planning consent for a project on Moss Lane East in Manchester.
Green light for Manchester PBSA scheme
George Sell
August 9, 2023
Reading Time: < 1 minute UK: PBSA provider iQ Student Accommodation has been granted planning permission by Manchester City Council for its Echo Street scheme.
UK student accommodation shortage reaches 350,000 beds
George Sell
August 9, 2023
Reading Time: 2 minutes UK: New research from global real estate advisor CBRE has found that the UK’s major university towns are facing a shortage of more than 350,000 beds, as demand continues to outweigh supply and delivery of student accommodation.
Construction starts on Scottish PBSA project
George Sell
August 7, 2023
Reading Time: < 1 minute UK: Urbanite Living has started construction work on a £33 million PBSA development at Jocelyn Square in Glasgow city centre.
Unite secures £400 million loan from LGIM
George Sell
August 3, 2023
Reading Time: 2 minutes UK: LGIM’s dedicated UK and European Real Estate Debt division has completed a £400 million loan for Unite to refinance a public bond for its flagship Unite UK Student Accommodation Fund (USAF), which matured in 2023.
Get Living secures consent for final phase of East Village
George Sell
July 27, 2023
Reading Time: 2 minutes UK: BTR developer and operator Get Living has secured a resolution to grant planning consent for up to 848 BTR and 504 PBSA units at its East Village neighbourhood in Stratford, London.
Construction work completed at Essex PBSA scheme
George Sell
July 25, 2023
Reading Time: 2 minutes UK: Fund manager Moorfield Group and Melberry Developments have completed construction at Enso, a PBSA scheme in Colchester, Essex.
Watkin Jones CEO steps down as firm issues profit warning
George Sell
July 20, 2023
Reading Time: 2 minutes UK: North Wales-based developer Watkin Jones PLC saw its share price fall 35 per cent yesterday as the BTR specialist issued a profit warning and said chief executive Richard Simpson has stepped down with immediate effect.
Irish developer set for PBSA debut
George Sell
July 3, 2023
Reading Time: < 1 minute Ireland: Marlet Property Group has secured a €25 million financing facility with Cardinal to deliver a PBSA development in Dublin.
Liverpool student scheme gets the nod
George Sell
June 30, 2023
Reading Time: < 1 minute UK: A 10-storey PBSA development off Liverpool’s Oldham Place cannot progress following the signing of a Section 106 agreement.
Approved in principle by Liverpool City Council in April, the authority has issued a decision notice granting planning consent for the 262-bedroom scheme
Under the terms of the S106 agreement, developer 11171749 Limited, will contribute £456,000 towards public open space, as well as £182,000 for the planting and maintenance of 228 trees.
Designed by architecture practice F2A, the most recent plans for the Liverpool site provide a mixture of cluster and studio flats.
Until 2005, the site was used as a car park. Since then, various proposals have come forward for its redevelopment but none has been delivered. In 2008, Liverpool City Council granted consent for a 51-apartment project before the proposal was superseded by a six-storey student scheme four years later.
An updated version of the student accommodation development was given the go-ahead in 2016 before Kenworth Investments won approval for a 266-bedroom project in 2017. In 2020, the site was acquired by 11171749 Limited, the investor behind the current proposals.
The plot is located next to the site of Renshaw Hall, which is currently being redeveloped into a hotel and student scheme. However, the developer behind that project, NR Capricornus, is in administration.