Reading Time: < 1 minuteUK: Vita Group has unveiled proposals for a new purpose-built student accommodation [PBSA] development scheme at First Street in Manchester.
Reading Time: 3 minutesUK: A new joint venture between tech-powered hospitality operator Bob W and Osborne+Co Investment Management [OCIM] has launched a £120 million equity raise to acquire and repurpose hotel and office assets into “high-quality” short-term serviced apartments.
Reading Time: 2 minutesUK: The latest report released by The Mortgage Works has highlighted an 80 per cent uptick in private renting for tenants between the ages of 55 and 64 over the past decade.
Reading Time: 2 minutesUK: A 1 September opening date has been announced for Dock 3 – 5: workspaces and light industrial units that have been set up to attract high tech and innovative businesses in Space City, Leicester.
Reading Time: 2 minutesUK: Premium hospitality brand Restaurant Associates has announced a catering partnership with Riverstone, a luxury later living concept for the over-65s, to manage their two brasseries and bars in West London.
Reading Time: 3 minutesUK: The coliving sector has seen a surge in both delivery and investor interest, according to a new report from Knight Frank.
Reading Time: 2 minutesUK: PGIM Real Estate has acquired six PBSA assets from Unite Group for £184 million.
Reading Time: < 1 minuteUK: Elite Commercial REIT, a UK-focused Singapore investment vehicle, has revealed plans to reposition several properties in its portfolio to support its expansion into the BTR and PBSA sectors.
Reading Time: < 1 minuteUK: Developer South Bank Square has submitted a planning application for a PBSA scheme on the site of the Fanum House office block.
Reading Time: 4 minutesRecent changes to permitted development rights are welcome, but with the housing crisis worsening, the flexibility of the new Class MA should be extended further, says James Doherty of Boyer.
