Market Monitor Digest (week 50/2024)
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Student Housing & Co-Living
Belgium, Antwerp: Vacant office building gets a new future as sustainable student housing
By Architectura, December 09, 2024
To respond to the need in one of the country's fastest-growing student cities, property developer Antonissen Development Group is converting the former Gateway House office building into project ‘Anversa’ with 223 student rooms and 30 studios for young professionals.
UK, Belfast: Belfast city centre £80 million student accommodation scheme awarded planning permission
By The Irish News, December 11, 2024
Permission has been granted for an £80 million student accommodation scheme in Belfast city centre. The development of the 895 units will see the demolition of a considerable block of buildings between Castle Street, Queen Street and Fountain Street, including the eight-storey Norwich Union House.
Italy, Veneto: Over €40 million for new student residences in Veneto
By Daily Verona, December 11, 2024
Veneto receives over €40 million from the MUR to improve the housing offer for university students, strengthening the right to study and the attractiveness of universities.
UK, Glasgow: Plan for 'much needed' student flats and housing in Glasgow approved
By The Herald, December 09, 2024
It will be built on the currently run-down, former Strathclyde Regional Council Office site, which has been empty since 2015. The scheme will include 591 individual studio bedrooms with kitchens and en-suite bathrooms, for students.
US, Hanover: Dartmouth College Underway on 285-Bed Student Housing Project in Hanover, New Hampshire
By Rebusiness Online, December 12, 2024
Dartmouth College is underway on construction of a 285-bed student housing project at its campus in Hanover, located in the central part of the Granite State. The project is being developed solely by the school and will be located at 25 W. Wheelock St. The five-story structure will feature two-, three- and four-bedroom apartments with full kitchens, living rooms and storage spaces.
BTR
Germany: 100 affordable apartments are to be built in Hiddenhausen
By District of Herford, December 10, 2024
B&S 19 is building barrier-free affordable apartments on Goethestraße in Hiddenhausen. Almost 80 more apartments are to follow in the district in the coming years.
UK: Milton Keynes Milestone: Zephyr X’s £135 MLN Luxury BTR Scheme Secures Approval
By Property Week, December 10, 2024
Zephyr X Developments has been granted detailed planning permission for a transformative £135 MLN build-to-rent (BTR) development at 500 Avebury Boulevard in Milton Keynes city centre. This ambitious redevelopment will replace the former Allianz offices with 376 high-quality, luxury apartments, redefining the rental landscape in the region.
Australia: Greystar, UEM Sunrise Collingwood BtR Fast-Tracked
By The Urban Developer, December 09, 2024
UEM Sunrise Bhd has received planning permit approval for a A $277.8 MLN build-to-rent (BTR) development in Collingwood, Melbourne, Australia. According to a media statement on Monday, UEM Sunrise would be the developer and delivery partner for the project, with Australian property investment firm Greystar as the investor and owner-operator via a fund-through structure. Located about 3.5km from the Melbourne Central Business District (CBD), the development would be the first of its kind in Collingwood. Situated on a 0.54-hectare site at the eastern entry point, the project will comprise 407 apartments housed across two buildings.
Spain: Orion Rental approves financing to finish 315 houses in Granadilla de Abona
By La Provincia, December 08, 2024
Just ten days after starting its listing on the Portfolio Stock Exchange, the first Canarian company - Orion Rental Socimi - and third oriented to the generation with private capital of rental housing at affordable prices, approves financing to finish 315 houses in Granadilla de Abona.
Senior Living
France: Near Elbeuf: the senior residence offers a second youth
By Le Jour d’Elbeuf, December 8, 2024
This project, amounting to 6 million euros, will extend until the summer of 2026 and concerns several aspects of the residence, from common spaces to housing. The goal is clear: to offer a more modern and functional living environment for the approximately 70 elderly people who live there.
US: Housing project in Alpena stills, actions needed
By MSN, December 6, 2024
The proposed development features 320 residential units mostly made up of single-family homes with some senior housing. The project will be built on 69.4 acres of residential land by Hill Road and Barrett Ave by local developer Glenrock Builders.
UK: Seniors housing market poised for growth, Knight Frank reports
By PropertyIndustryEye, December 9, 2024
In this year’s report, Knight Frank analysed operational data from 112 Integrated Retirement Community (IRC) schemes worth an estimated £4bn. The communities are home to nearly 12,000 residents across the UK.
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