Market Monitor Digest (week 31/2024)

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.

August 2, 2024 BONARD Market Monitor team

Student Housing & Co-Living

UK, Glasgow: Alistair Leith: New Glasgow student housing will boost city centre appeal

Author unknown, July 31, 2024

Alistair Leith, head of submissions at GRAHAM Building North, discusses how new student housing will boost the appeal of Glasgow city centre.

Read More (scottishconstructionnow.com)

US, Hartford: Hartford transforms into college town with expanded student housing

By Ayah Galal, July 30, 2024

The University of Saint Joseph has announced a new housing partnership with Millennium Apartments, addressing increased enrollment by offering additional off-campus living options.

Read More (wfsb.com)

UK, Glasgow: Peel Waters secures planning for Yorkhill Quay BTR and co-living

By Bea Patel, July 30, 2024

Waterside regeneration specialists Peel Waters has secured planning approval from Glasgow City Council for its Yorkhill Quay scheme.

Read More (btrnews.co.uk)

Singapore, Singapore: Coliwoo Expands Co-Living Space in River Valley

Author unknown, July 31, 2024

LHN Limited’s co-living brand Coliwoo is expanding its presence in Singapore’s River Valley with the launch of two new properties, Coliwoo River Valley 268 and 288, following the success of its initial property in the area. The new additions bring the total to 85 keys, catering to the demand for flexible accommodation with a minimum stay of just six nights. Coliwoo’s unique offerings include vibrant exterior designs and weekly housekeeping services.

Read More (tipranks.com)

Greece: Rising Rents in Greece Hit Students as University Admissions Near

By Charlie Kowalenko, July 30, 2024

According to Spitogatos real estate data, the average rent for student accommodation in Attica is €10.80 per square metre per month. In Athens, the most affordable areas include Nikaia, Kypseli, Patission and Acharnon streets, while Kolonaki, Lycabettus, Koukaki, and Makriyianni boast the highest rents. A studio in Nikaia costs around €400, and a small apartment in Zografou averages €516. Central Athens and Mets have experienced significant rent increases.

Read More (greekcitytimes.com)

BTR

UK: Arrow Global Secures $400 MLN Commitment from ADIA for Its European Real Estate Lending Strategy

By Arrow Global, July 23, 2024

Pan-European vertically integrated alternative asset manager specialising in credit and real estate – Arrow Global Group Capital Management (Arrow Global) – has secured a $400 MLN commitment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) for its European Real Estate Lending strategy.

Read More (arrowglobal.net)

UK: Harworth gains outline planning consent

By Mya Driver, July 23, 2024

Harworth Group plc, a leading regenerator of land and property for sustainable development and investment, has secured a resolution to grant outline planning consent from Amber Valley Borough Council for the development of c1.5 MLN sq. ft. of Grade A Industrial & Logistics space and up to 300 new homes at its Cinderhill development in Derbyshire.

Read More (thomas-daily.de)

US: $700 MLN Riverview homebuilder enters multifamily, build-to-rent (BTR) market

By Mark Gordon, July 24, 2024

In a move that founder and president Willy Nunn says he’s been looking at for a few years, Homes by WestBay is getting into the multifamily apartment market. The Riverview-based homebuilder, with $700.44 MLN in revenue in 2023, is also entering the fast-growing build-to-rent single-family home sector, according to a statement.

Read More (businessobserverfl.com)

US: New 28-acre build-to-rent (BTR) community opens up in northwest Houston

By Janet Miranda, July 23, 2024

Caldwell Communities has already begun construction on the planned 204 single-family homes that will be located across from Oakcrest Intermediate School at 18131 Bluegrass Park Lane. Preleasing is scheduled to start sometime in the third quarter of this year, according to a report by the Houston Business Journal. Leasing rates for homes ranging from 1,000 to 1,700 square feet will range from $2,300 to $3,400.

Read More (chron.com)

Senior Living

France: OPZ 05 and ADMR will create senior residences in rural areas

By Marie-France Sarrazin, July 25, 2024

Small units will be set up in villages to ensure that the elderly stay at home, at an affordable cost, and with the introduction of Home Assistance in Rural Areas (ADMR).

Read More (mesinfos.fr)

France, Parcey: The creation of a residence for seniors is on the right track

By Bruno David, July 28, 2024

Mayor Céline Labourot presented the Age et Vie Habitat company's project regarding a residence for senior citizens at the last meeting of the city council. The project consists of the creation of two common accommodation units for elderly people grouped in two buildings. There will also be two accommodation units for nannies.

Read More (leprogres.fr)

Germany, Dasing: Dasing will get senior housing and day care

By Anna Faber, July 26, 2024

A new senior center is being built on Taitinger Straße. Changes to the plan bring new possibilities for social and medical care in the community core. The area of ​​270 square meters on the upper floor was originally intended for two exercise rooms. The two business units will now merge to form a 26-place day care facility.

Read More (augsburger-allgemeine.de)

Netherlands, Uithuizen: The construction of new houses in Uithuizen Noord is going fast: You have reached the highest point

Author unknown, July 26, 2024

On Thursday, July 25, it was celebrated that the construction of 21 social rental houses for seniors had reached its highest point. The houses are located on Ommelandenweg and Hunsingoweg in Uithuizen.

Read More (groningerkrant.nl)

LATEST INDUSTRY NEWS IN YOUR MAILBOX

Stay informed via our
Daily Market Monitor

Tap into a personalised daily digest of recent developments, investors' plans, asset openings and transactions in rented residential asset classes.

DISCLAIMER: The intention of the Media Monitoring (hereinafter referred to as “service”) is to inform about the most recent developments in the global student housing asset class through the collection, review, and dissemination of media releases published by third parties. The service does not claim any intellectual property of the original or interpreted sources. By using this service, you grant your consent with the following terms of use and caveats:

  • Content retrieved from sources which require paid access is not available due to legal reasons, apart from part(s) which are public, or parts which are transposed from the main source and otherwise available.

  • In accordance with good manners, journalists´ ethic, and source-tracking, the service state the name of the author, article URL source, and date of publication, as usual. At the end of daily monitoring records, the default source website, used for search in the actual edition, is offered.

  • Articles are searched for and selected from verified and reliable sources. The service may not be held responsible for the content of the source or any action(s) taken on the basis of the information provided.

  • Texts from other than English-medium sources are translated automatically – the service does not guarantee flawless translations.

  • The service offers the most recent information at the time when the scan of inputs was done. Time delays may occur due to different time zones. Scans conducted are based on Central European Time (CET).

The service offers publicly available and visible information as well as information, which is possible to trace and gather via publicly available and possible means.