The Market Monitor Digest (week 08/2024)
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.
Student Housing & Co-Living
Spain, Valencia: The British Round Hill will open its first student residence in Valencia this summer
By Begoña Torres, February 21, 2024
The British fund Round Hill Capital steps on the accelerator to finish the construction of what will be its first student residence in Valencia. It is a complex on Tarongers Avenue, which will consist of 253 beds after an investment of €23 million.
UK, London: Outpost Management and Tide close deal for The Castle
By Nick Biring, February 21, 2024
Outpost Management announces the forward-funding acquisition of The Castle scheme in North Acton from developer and contractor Tide Construction, through its joint venture with BlackRock Private Markets via its Real Estate business. Designed by HTA, the 32-storey building will deliver 462 co-living apartments.
UK, Brighton: Abrdn invests £123 million in UK student housing project
By Razak Musah Baba, February 21, 2024
Manager invests £110 million on behalf of Phoenix Group and £13 million for Inflation-Linked Infrastructure Debt Fund.
BTR
Czechia, Prague: Railway station in Prague to be converted to apartments
By Property Forum, February 20, 2024
The proposal includes approximately 170 micro-apartments and studios with an area between 20-43 sqm, while most units do not exceed an area of 25 sqm. The revitalization of the new micro-location will also be represented by a ground-floor promenade.
Sweden, Stockholm: Barings acquired a 264-home development project in Stockholm
By Europe Real Estate, February 21, 2024
Barings has acquired a 264-home development opportunity in Stockholm, Sweden, from Innovation Properties on behalf of a private insurance client. The parties agreed not to disclose the purchase price.
Australia, Perth: BTR Tower Put Forward for ‘Lazy Land’ in Perth
By Clare Burnett, February 20, 2024
DevelopmentWA, the state government’s central development agency, has filed plans for an inner city build-to-rent (BTR) The tower proposed for the 3099sq m site on what the government called “lazy land” would comprise 219 apartments.
UK, Leeds: Leeds city centre’s latest build to rent (BTR) development is almost fully occupied within days of work completing, with fewer than 20 of its 133 one-bedroom apartments and studios
By Mark Adair, February 21, 2024
Leeds city centre’s latest build to rent development (BTR) is almost fully occupied within days of work completing, with fewer than 20 of its 133 one-bedroom apartments and studios. This follows a multi MLN £ investment. The development is owned, operated and managed by Leeds headquartered property company, YPP Lettings.
Senior Living
France, Villeneuve-sur-lot: API Résidence: Senior service residence opens its doors in Villeneuve-sur-lot
Author unknown, February 19, 2024
Since March 1, API Résidence has established itself as the first residence for seniors in Villeneuve-sur-Lot. The elderly will be able to benefit from the privileged location in the heart of the greenery, which offers a breathtaking view of the magnificent Saint-Cyr park.
Netherlands, Emmeloord: 215 new houses will be built on these meadows in Emmeloord
By Jaap Selles, February 20, 2024
Another new residential location in Emmeloord. 215 houses are to be built on the meadow near Emmelerbos. Space is being saved in the neighborhood for a place where seniors can live together.
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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:
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