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Market Monitor Digest (week 05/2025)
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
UK, Bristol: Bristol shopping centre could soon be demolished and redeveloped into scheme featuring student accommodation and nightclub
By Insider Media, January 29, 2025
A shopping centre in Bristol could soon be demolished and redeveloped into a major mixed-use scheme, with plans including student accommodation and potentially a nightclub. The application site concerns the Galleries Shopping Centre in the Broadmead district of the city. Lined up would be up to 450 homes with 750 PBSA bed spaces. Around 90 properties would be affordable housing.
UK, Manchester: MMU plans 2,330-bed overhaul of Cambridge Halls
By North West Place, January 29, 2025
Manchester Metropolitan University and Unite Students are preparing to submit plans to demolish the student housing blocks at its All Saints Campus and deliver a much denser scheme to address a shortage accommodation for learners. The two four-storey blocks that make up Cambridge Halls were built in the 1990s and offers 770 beds. The plan is to knock them down and deliver around 2,330 new homes across various buildings, including two towers of 30 and 24 storeys, to make up for a lack of available accommodation.
US, College Station: New luxury student housing development announced in College Station
By KBTX, January 30, 2025
A new luxury student housing project has been announced in College Station. It’s located across from Texas A&M along College Ave and University Drive on the property that was once home to Hurricane Harry’s and other businesses. A press release sent to KBTX says the apartments will be a mix of studio, one to six-bedroom units and will offer a total of 953 beds.
US, San Diego: SDSU proposes a new housing project to combat the on-campus dorm shortage
By The Portugal News, January 20, 2025
San Diego State University’s new ‘Evolve Student Housing’ project seeks to catch up with increasing demand for affordable student housing. This proposed project would add an estimated 4,500 beds to campus, allowing more students to live in dorms past their second year.
UK, Plymouth: Veld Capital acquires two key Plymouth PBSA assets
By PBSA news, January 28, 2025
Veld Capital has completed the acquisition of Saltwater Place and Mary Parker House, two high-quality, recently built purpose-built student accommodation (PBSA) assets in Plymouth, south west England. The properties were acquired from Pickstock Group and Maple Grove Developments, who developed the assets following two separate transactions. The assets jointly offer 513 rooms and were fully let over the past three academic years.
BTR
UK: Winvic Construction completes The Bath House BTR
By BDC magazine, January 27, 2025
Winvic Construction Ltd, a leading main contractor that specialises in the design and construction of private and public sector construction and civil engineering projects has announced the completion of The Bath House, an iconic Build-to-Rent (BTR) development in the centre of Birmingham. The project, delivered for Edmond de Rothschild Real Estate Investment Management (REIM), has been designed to exemplify modern urban living and offers 406 quality, purpose-built apartments on the historic site of the former Kent Street Swimming Baths.
US: Middleburg Communities to Develop 290-Unit Class A multifamily community
By Yield Pro, January 24, 2025
Middleburg Communities (“Middleburg”), a leading developer of rental housing throughout the Southeast and Sunbelt announced that it has secured construction financing for Mosby Barclay West, a 290-unit Class A apartment community in Wilmington’s rapidly growing Midtown market. The development represents a joint venture partnership with Cincinnati-based Eagle Realty Group and marks Middleburg’s third development in Wilmington since 2021, following the successful completion of another Class A multifamily community, Mosby Riverlights, and Hamlet Barclay West, a 280-unit build-to-rent (BTR) neighborhood currently under construction and delivering its first units in Spring 2025
UK: Plans to build 5,600 homes in Cambridge "frozen"
By Star Radio, January 24, 2025
5,600 new homes have been paused until a decision is made on the sewage works relocation. The master developers, LandsecU+I and TOWN, for the planned Hartree development, between Milton and the Cambridge Business Park, had hoped to submit a planning application in March. The development proposals include 5,600 homes, 90% of which would be flats, and 10% houses, with 40% of all homes made available as affordable housing and 25% and Build to Rent (BTR)
Singapore: Singapore to launch 19,600 flats in 2025
By PropertyGuru, January 27, 2025
For PropertyGuru’s real estate news roundup, about 19,600 flats will be launched in 2025, including 3,800 flats – or nearly 20%– with waiting times of under three years. In other updates, Bangkok’s Ploenchit-Chidlom-Wireless corridor is a prime office location that consistently attracts multinational corporations and high-profile tenants. Lastly, the pace of national rental growth continued to slow in 2024, suggesting that Australia’s national rental market has well and truly passed the peak of the recent rental boom.
Senior Living
Germany: Senior develops living vision for old townhouses
By IGL, January 28, 2025
His plans are to create a total of 108 cooperative apartments in the three building parts of the townhouses. The sizes vary from around 25 to about 65 square meters. They can be inhabited individually or in pairs and should all be barrier-free and handicapped accessible. "But it's not just older people who have to move in." Rather, Ditsche imagines a kind of "co-housing" of different generations. "Students could support seniors in everyday life, for example."
Canada: 125-unit senior apartment building finally moves forward in Mississauga
By Insauga, January 27, 2025
An application in 2018 proposed a five-storey 'active lifestyle' residential condominium building with 119 units. A resubmission in 2021 envisioned a six-storey "senior’s living“ residential building with 128 total residential units, including 10 two-bedroom, and 118 one-bedroom units.
US: Residential Project Proposed At 8740 Bruceville Road, Sacramento
By SF Yimby, January 28, 2025
A new residential project has been proposed for development at 8740 Bruceville Road in Sacramento. The project proposal includes the development of a new residential complex offering 125 apartments within five three-story buildings.
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