The Market Monitor Digest (week 50/2023)
It's our pleasure to be your go-to for the week’s key industry news. Thanks to the information collected by the BONARD Market Monitor team, you can now keep your finger on the industry pulse.
Student Housing & Co-Living
Italy, Milan: Harrison Street and Artisa Group JV acquires Viale Monza
By Amy Johnson, December 13, 2023
Investment management firm Harrison Street launches a newly-formed programmatic joint venture with real estate development company Artisa Group, who have an established presence in the Swiss and European markets. The joint venture will see the acquisition of Viale Monza – a 260-unit residential development in Milan, Italy. Upon completion, Viale Monza will be managed by Swiss living operator City Pop, and will house both students and non-students.
UK, Belfast: Planning approval for 11 storey student accommodation scheme on site of well-known Belfast night spot
By Ryan McAleer, December 13, 2023
A developer has secured planning permission to build an 11-storey student accommodation scheme on the site of a well-known Belfast night venue. FMN Properties Ltd is proposing 201 student units on the site of Filthy McNastys on the Dublin Road.
Spain, Madrid: Merkel Capital buys a plot of land in Madrid to build a student residence
By M. Tamayo, December 11, 2023
The residence will have 670 beds and will be operated by Yugo, which already has thirteen residences under management in Spain. The project is located in front of the Polytechnic University of Madrid and very close to the Rey Juan Carlos University.
UK, Nottingham: £23 million Nottingham scheme added to student accommodation portfolio
By Ellie Hollinshead, December 10, 2023
The under-construction £23 million Arcadian student scheme in Nottingham city centre has joined a new student accommodation portfolio. EVO Student is the latest brand launched by Homes for Students, the PBSA provider. Developed by Urbium Capital, Arcadian will include 293 en-suite and studio apartments and will be open to residents from next September.
Italy: Social housing for students, €300 million agreement between CDP and EIF for social housing projects in Italy
By Alberto Mapelli, December 08, 2023
This is the first national program of its kind in Europe. Among the main objectives is the construction of 10 000 new beds for students and housing solutions for self-sufficient elderly people.
BTR
Netherlands, Hague: Staedion buys more than 600 homes from Omnia Wonen
Annemieke Diekman, December 11, 2023
Housing association Staedion will then take over 607 homes, 2 business premises and 7 parking spaces in The Hague from Omnia Wonen.
Spain: Solventis launches a fund to invest 650 million in affordable rental housing
Author unknown, December 5, 2023
Solventis has launched the socially responsible investment fund Fondviso with which it plans to raise up to 650 million euros for the construction of 12,000 affordable rental homes in Spain in the next ten years.
UK, Leeds: Plans in for 17-storey BTR scheme on Leeds site
Stephen Farrell, December 12, 2023
Countrylarge has submitted a full planning application to Leeds City Council. The proposed development would comprise a total of 164 apartments.
UK, Manchester: J A Lewis Development Consulting submits planning
Bea Patel, December 11, 2023
J A Lewis Development Consulting submits a full planning application for a Build to Rent scheme on land fronting Kingsway in Burnage, Manchester set to deliver 112 Build to Rent homes.
Senior Living
France, Grandchamp-des-Fontaines: Green light for a senior residence in Grandchamp-des-Fontaines
Author unknown, December 13, 2023
The goal is to create shared housing for the elderly. The chosen site is at the end of the rue des Platanes, near the Notre-Dame-des-Fontaines lake. The senior residence should be located at the end of the rue des platanes, between the Carré-Nature residence and the Notre-Dame des Fontaines lake. The building will offer sixteen shared apartments for seniors on three floors.
Germany, Koblenz: A new neighborhood is being built in Koblenz-Rübenach: a Lidl, senior housing and a sports facility are planned
By Katrin Steinert, December 12, 2023
Rübenach lacks some things that are important to people: for example, a supermarket and a care facility where they can take care of the elderly.
Germany, Günzburg: This is a proposal for a new senior center in Günzburg
By Jörg Sigmund, December 13, 2023
The new senior center in Günzburg will have five floors, a net floor area of 15,000 to 15,500 square meters and an underground parking lot.
Sweden, Sävedalen: This will be Lindblomsallén - Sävedalen's new senior housing
Author unknown, December 07, 2023
The start of sales in summer 2024 and move-in in autumn 2026, this is what the final plans look like for the popular senior residence Sävedalen Lindblomsallén.
Sweden, Åre: New housing for seniors is underway in Åre
By Torbjörn Aronsson, December 07, 2023
People have been working for a long time to create new senior housing in Åre, and now three new buildings with a total living area of 4350 square meters are being designed. The developer DSH Utveckling AB applied for a building permit for construction in connection with ICA Björnänge.
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