Market Monitor Digest (week 08/2025)

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February 21, 2025 BONARD Market Monitor team

Student Housing & Co-Living

France, Toulouse: Greystar acquires a new residence in Toulouse 

By CoStar, February 20, 2025

After initial operations in the Paris region, Greystar is now heading for Toulouse. The American investor, developer and operator has acquired a 390-apartment student residence and coliving complex from developer Linkcity, due to open in summer 2027.

Read more (costar.com)

US, Tucson: Capstone Collegiate Lands $76 Million for Luxury Student Housing Project 

By MHN, February 20, 2025

Capstone Collegiate Communities has obtained a financing package for the construction of a 165-unit, 532-bed student housing community in Tucson, Ariz. Completion is expected in fall 2027, before the academic year starts. The developer took out a $75.5 million loan from Cadence Bank, according to public records.

Read more (multihousingnews.com)

UK: UPP and Deutsche Bank announce new sustainability-linked funding 

By PBSA News, February 20, 2025

Provider of on-campus student accommodation infrastructure in the UK – UPP – has completed the financing of a new £110 million sustainability-linked corporate revolving credit facility (RCF) with Deutsche Bank.

Read More (pbsanews.co.uk)

UK, Manchester: Plan for 33-storey student block in city centre

By BBC, February 17, 2025

A new 33-storey student accommodation block could be built in a city centre if plans are approved. Developers Vita Group want to build on a vacant plot at the corner of Manchester's Hulme Street and Medlock Street, in the city's First Street district. Designs submitted to Manchester City Council show the new building would feature 861 rooms if approved, comprising four different sizes, and social spaces and three gyms.

Read More bbc.com)

Germany Manheim: Modular student residence to be built on the roof of Aldi store. Erbud Group company involved in the project

By WNP, February 19, 2025

In Mannheim-NeuostheimGermany, a 4-storey extension to the Aldi store will be built, which will house student apartments. The investment, worth nearly €22 million, will be carried out by MOD21 – a subsidiary of Erbud – and Wolf Müller.

Read More (wnp.pl)

BTR

Germany: Municipal company buys 154 apartments in "Kool Kiel"

By Thomas Daily, February 14, 2025

The Kieler Wohnungsgesellschaft (Kiwog) has bought the first construction phase of the "Kool Kiel" project. It is about 154 social housing with 10,630 m² of living space. Construction should start in the summer. The builder is the Adore Group. In a second construction phase, this is realizing a high-rise building with hotel uses on the building plot on the Werftbahnstraße. Subsequently, the realization of 180 apartments and commercial use on the ground floor is planned.

Read More (thomas-daily.de)

Spain: Calvià announces 300 new affordable rental apartments and 24 officially protected homes

By Ultima Hora, February 12, 2025

The mayor of Calvià, Juan Antonio Amengual (PP), has announced the construction of about 300 affordable rental apartments for residents by private developers in four localities and 24 officially protected homes in Peguera. Amengual has visited this Wednesday together with the president of the Balearic Government, Marga Prohens, the municipally owned site on Bonavida de Peguera Street ceded to the Balearic Housing Institute (Ibavi) for the construction of 24 homes and 24 outdoor parking spaces, the Calvià City Council reported this Wednesday in a note.

Read More (ultimahora.es)

Australia: Plans for NSW's largest ever build-to-rent (BTR) project in Sydney's inner west lodged with government

By ABC NEWS, February 16, 2025

Developers have lodged an application with the NSW government for a $1.5 BLN build-to-rent (BTR) project in the inner west Sydney suburb of Marrickville. If approved, almost 1,200 rental units, including 115 affordable homes, will be built on the site that once housed a timber yard. A planning expert says while these type of projects can offer more security for renters, they may often target those with higher incomes.

Read More (abc.net.au)

The Netherlands: Woonin selects Heijmans to build 190 affordable rental homes in Utrecht

By Architectenweb, February 11, 2025

Following a tender by housing association Woonin, Royal Heijmans has been selected to supervise the demolition and construction of 190 rental apartments at the Van Heukelompark in Utrecht. The new building was designed by INBO, the landscape design for the project is made by OKRA landscape architects.

Read More (architectenweb.nl)

Senior Living

Germany: Assisted living in Sinzheim: 24 apartments for seniors should be ready for occupancy in autumn

By BNN, February 19, 2025

A modern residential complex for seniors is being built in Sinzheim. With 24 barrier-free apartments and support by the DRK, it should be ready in the autumn. 

Read More (bnn.de)

US: Miami Jewish Health unveils FiftyTwoNorth, a new luxury independent senior living community

By Hospital News Report, February 18, 2025

Miami Jewish Health is redefining luxury senior living with the development of FiftyTwoNorth, new independent living community offering residents an upscale and active lifestyle with access to wellness and social events, all on one expansive campus.

Read More (southfloridahospitalnews.com)

Asia: Primus Senior Living to develop senior living projects across six cities

By Construction World, February 18, 2025

Real estate company Primus Senior Living plans to invest over Rs 22 billion to develop 5 million sq ft of senior living homes in India within five years.

Read More (constructionworld.in)

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