Market Monitor Digest (week 46/2024)
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Student Housing & Co-Living
Europe: European resi sector has €64 billion in fresh capital for investment
By Property Forum, November 12, 2024
European investors are planning significant increases in their living sector allocations, with €64 billion of new capital for deployment into the build to rent, affordable housing, student property and seniors housing sectors over the next five years, according to a Knight Frank survey.
France, Lille: Plans to build 31-storey student tower above Victorian warehouse approved
By Europe Real Estate, November 11, 2024
UXCO Group, investor, developer and operator of student housing and co-living real estate (PBSA), laid the first stone of the future ECLA residence in Lille. This ceremony marked the start of the construction work of an investment of €95 million.
Spain, Seville: Building permit for a student macro-residence in La Cartuja
By Diario de Sevilla, November 12, 2024
A new building for university students on the Isla de la Cartuja. The Urban Planning Department will grant a building permit this week for the construction of a student residence with six floors, one of them underground, 572 rooms and a swimming pool. The developer is Fauragarbi Investments, SL, which acquired the land.
UK, London: Plans to build 31-storey student tower above Victorian warehouse approved
By London News Online, November 11, 2024
Plans to build a 31-storey student tower on top of a Victorian warehouse have been approved by councillors. The Deptford building, which will provide 502 rooms for students as well as offices, was waved through by a Lewisham Planning Committee on Thursday.
US, Lawrence: The Preiss Co. Acquires 784-Bed Student Community
By MHN, November 13, 2024
The Preiss Co. has acquired The Collective at Lawrence, a 270-unit, 784-bed student housing community in Lawrence, Kan. Trinitas Ventures sold the asset, according to Yardi Matrix information.
France, Lille: UXCO began construction on €95 million ECLA residence in Lille (FR)
By Europe Real Estate, November 11, 2024
UXCO Group, investor, developer and operator of student housing and co-living real estate (PBSA), laid the first stone of the future ECLA residence in Lille. This ceremony marked the start of the construction work of an investment of €95 million.
Hungary, Budapest: Student City Project to Bring 12,000 New Dorms amid Housing Push in Budapest
By Hungary Today, November 12, 2024
The government will build new student residences, announced Alexandra Szentkirályi, former Fidesz mayoral candidate and chairwoman of the ruling party’s parliamentary group in the capital. The Fidesz parliamentary group and the government want to combat the housing crisis by building a student city in Budapest, Világgazdaság reports.
BTR
Spain: Aedas Homes, Avalon Properties and SanJose promote 400 affordable homes in Madrid
By EjePrime, November 08, 2024
Aedas Homes, Avalon Properties and SanJose united by rental housing. The three organizations have completed their first three affordable housing developments of the Vive Plan of the Community of Madrid, offering more than 400 properties available for rent with regulated income in the municipalities of Torrejón de Ardoz and Alcorcón.
The Netherlands: 200 apartments in Reeuwijkse Poort
By ReBo nieuws, November 08, 2024
The Reeuwijkse Poort is located between the Goudsestraatweg, the Oud Reeuwijkseweg and the A12. After the renovation of the offices on the A12 side, the offices on the Reeuwijkse Plassen side will be demolished and approximately 200 apartments will be built there. The apartments will have moorings with a direct boat connection to the Reeuwijkse Plassen.
Spain: Culmia takes three plots for 402 homes of the Catalan land institute
By EjePrime, November 08, 2024
Culmia gains public land. The promoter has been the beneficiary of a competition of the Incasòl land agency. The Catalan organization has chosen the company, controlled by the American investment fund Oaktree, to build 402 rental homes in the old Montesa motorcycle factory in Esplugues de Llobregat (Barcelona); seeking to transform an old industrial area into a modern residential neighborhood.
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