Market Monitor Digest (week 38/2024)
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Student Housing & Co-Living
France, Plouzané: Technopôle Brest-Iroise: a residence of 244 social housing units will open
By Actu.fr, September 19, 2024
A new student and young worker residence with 244 social housing units will open in Plouzané at the start of the 2025 school year.
Germany, Leipzig: Cinema, party room, gym: Leipzig gets 423 top-class student apartments
By Tag24, September 19, 2024
An extraordinary building opened yesterday on Kurt-Schumacher-Straße in Leipzig. From October 1st, "Lumis Leipzig" will welcome students from all over the world.
US, Eugene: Landmark Properties Opens 703-Bed Student Housing Property
By Multi-housing News, September 19, 2024
Landmark Properties has completed The Standard at Eugene, a 703-bed, 247-unit student housing development located near the University of Oregon in Eugene, Ore., in time for the fall semester.
Ireland, Dublin: Hines Acquires 298-Bed Purpose-Built Student Accommodation Asset in Dublin
By Hines, September 18, 2024
Hines, the global real estate investor, developer and manager has acquired ‘Scape Dublin’, a purpose-built student accommodation (PBSA) asset located in the heart of Dublin 2 on behalf of the firm’s Core Plus fund, Hines European Property Partners (HEPP).
UK, Southampton: Southampton's Mercury Point could be replaced with 810 student flats
By Daily Echo, September 17, 2024
Unite Students, the UK's largest provider of student accommodation, is to apply to redevelop 560-room Mercury Point in Duke Street, one of its key properties in the city. As shown on the newly released CGI images, the 810 bedrooms would be provided across two blocks connected by an elevated outdoor terrace, with the existing building set for closure in the summer of 2025.
BTR
Spain: Aviva Investors snaps up 331-home development site in Spain
By Property EU, September 17, 2024
Aviva Investors, the global asset management business of Aviva, has acquired a new development site in Spain as it continues to grow its multifamily BTR platform alongside Spanish developer Layetana Living. The asset marks the fourth scheme acquired by the platform and, when complete, is expected to provide 331 homes through a mix of one-, two- and three- bedroom properties.
Sweden: CapMan and Riksbyggen launch Swedish residential partnership
By Property EU, September 17, 2024
Nordic private asset firm CapMan Real Estate and Swedish housing company Riksbyggen have launched a partnership for residential property management in Sweden. According to CapMan, the collaboration creates a platform to strengthen both brands in residential property management, and offer tenants a high-quality living enironment. CapMan Residential Fund has recently acquired a property under construction in Sundbyberg, Stockholm Country, comprising 289 rental apartments, with expected completion in early 2027.
UK: Bid launched to develop 23-storey city centre residential scheme
By The Business Desk, September 17, 2024
Plans have been lodged for a 23-storey residential scheme in Manchester city centre. The multimillion-pound build-to-rent (BTR)development, by property investment and development company, Zephyr X, will be situated at the corner of Carnarvon Street and Cheetham Hill Road. The proposal includes 237 one- and two-bedroom apartments and a ground floor commercial unit. Construction of the design-conscious development of new homes for rent on land bound by Cheetham Hill Road, Carnarvon Street and Gibson Place, could begin later this year, depending on planning consent.
Australia: Plans Filed for $30 MLN ‘Climate–Resilient’ BtR at Lismore
By The Urban Developer, September 16, 2024
Landcom has filed plans for a mid-rise build-to-rent (BTR) project in NSW’sNorthern Rivers region aimed at supporting essential workers and residents affected by the disastrous 2022 floods. Plans filed with Lismore City Council show a 50-apartment project for a site at the corner of 32 Crawford Road and 138-146 Military Road, East Lismore.
Senior Living
Germany: SAGA builds 40 senior-friendly apartments in Jenfeld
By NDR, September 17, 2024
In Jenfeld, the municipal housing company SAGA is building a new residential complex especially for seniors. The 40 senior-friendly two-room apartments can be reached by an elevator and are barrier-free. In addition, a counseling service in the house helps with everyday problems. SAGA service residential complexes like this already exist at 21 locations in Hamburg. According to the urban development authority, the need for senior-friendly housing will continue to increase due to demographic change.
The Netherlands: Amstelring rents apartments in wooden residential care complex
By Property NL, September 16, 2024
Healthcare organisation Amstelring and investor Apollo Zorgvastgoedfonds have signed a lease agreement for the realisation of 64 apartments for seniors in the sustainable residential care complex VanIJburg in Amsterdam.
US: North Fort Myers affordable housing complex in the works for seniors only
By Fox4now, September 18, 2024
In just a few weeks, you'll start to see construction on a lot in North Fort Myers off of Cleveland Avenue and Littleton Road. The lots will be the home of 160 new multi-family units for anyone 62 and older. It's called Hermosa, being built by ReVital Development Group, specializing in affordable housing.
Germany: 92 subsidized apartments: Schultheiß Projektentwicklung AG and BayernHeim GmbH celebrate laying the foundation stone in Heßdorf
By Konii, September 18, 2024
The apartment mix with 2 to 5 rooms and living spaces of 55 to 117 m² appeals to singles, couples and families equally. "The municipality of Heßdorf is proud of this project," explains Axel Gotthardt, Second Mayor of the municipality of Heßdorf. We have recognized the signs of the times, because in addition to the subsidized housing, a day care center, a dementia shared flat and housing for seniors are being created.
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