The Market Monitor Digest (week 11/2024)
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
France: Hines launches student digs platform in France, aims to deliver 4000 beds
By Virna Asara, March 07, 2024
US privately-held developer-investor Hines has announced the launch of its student housing platform in France and the commencement of two large-scale student living projects in Paris.
France and Germany: US developer Greystar targets France and Germany after price falls
Author unknown, March 12, 2024
Greystar, which has about €16 billion of assets under management in Europe, made €1.4 billion of property purchases in the region last year and expects to exceed that in 2024, with apartments and student housing "top of the charts for capital allocation right now", Allnutt said.
Europe: Bonard: Monitoring a €141 billion purpose-built student housing market
By Christopher Walker, March/April 2024
The latest research from Bonard reveals a complex picture for European student housing. Christopher Walker looks at the findings.
France, Strasbourg: In Strasbourg, Place d'Islande will welcome 500 new student accommodations in 2027
By Nicolas Kaspar, March 11, 2024
The 4,400m2 plot of Place d'Islande is therefore ideal. The land belongs to the State, which has entrusted its management to the Crous. He wants to build a large student residence there, with 500 new accommodations, in the form of small studios, of 12 to 15m2 each.
UK, Belfast: Northern Ireland investment house invites groups to 'take over' £20 million student pop-up space
By Claire Cartmill, March 12, 2024
Elkstone is investing £20 million in a 156-room student accommodation development on Bradbury Place to open this summer.
UK: Investor makes £120 million student accommodation splash
By Jessica Middleton-Pugh, March 11, 2024
LGIM dips into direct-let student accommodation with Project Aqua purchase.
BTR
Australia: Four-Tower Gold Coast BTR Final Stage Plans Upsized
By Phil Bartsch, March 13, 2024
Upscaled plans have been filed for the final stage of a four-tower build-to-rent (BTR) play within the Gold Coast education and technology hub of Varsity Lakes. Homecorp is seeking to add 83 apartments and an extra nine storeys across the last two towers planned for its half-complete $200 MLN Capital Court build-to-rent (BTR) project.
France: Swiss Life Asset Managers and Linkcity Put Build-to-Rent (BTR) Into Action
By Luc-Étienne Rouillard Lafond, March 13, 2024By Isobel Lee, February 27, 2024
Swiss Life Asset Managers France and Linkcity are to build the first 73-unit residence in Rouen for Neoz, their joint build-to-rent (BTR) offering of serviced rental housing for families. Delivery is scheduled for the third quarter of 2025. According to Business Immo's information, the Swiss management company has committed an initial €200 MLN to this new strategy.
UK, Birmingham: Marrons gets approval for 300-unit Birmingham BTR scheme
By Ciaran Nerval, March 12, 2024
A derelict hospital on Broad Street will be transformed into a 42-storey residential tower, which will deliver 300 Build to Rent (BTR) apartments. 20% of the homes will be affordable housing.
UK: Anchor’s Point BTR homes to be transferred to Sigma Capital
By Bea Patel, March 13, 2024
The rental phase of the Gallions Green development site in Royal Albert Wharf, known as Anchor’s Point, is expected to be transferred to Sigma Capital this month. The Build to Rent (BTR) homes will be managed under the Simple Life London rental brand. Anchor’s Point includes 132 new homes – a mix of one, two and three bedroom Build to Rent (BTR) apartments and family-friendly duplexes.
Senior Living
France, Antibes: A social landlord is building a university residence and one for seniors in Antibes
By Alice Patalacci, March 11, 2024
Also in 2026, a separate residence for the elderly must be delivered in the La Fontonne district. (Photo Erilio).
The second residence, made up of four buildings, will be built in the La Fontonne district, adjacent to the hospital center. Here again, the city of Antibes transferred a 4,850 m² plot of land for a symbolic euro so that a social landlord could build a residence with 84 housing units for elderly people on low incomes.
France, Marne: New Oh Activ senior residence at REIMS
Author unknown, March 12, 2024
It is in the heart of the new Rives de Vesle district that Oh Activ decided to set up its first residence on the Marne. Close to all amenities and services in the city, scheduled to open in summer 2024, it will offer 84 apartments from T1 to T3 with private balconies.
Netherlands, Drechterland: Set schedule; The orchard in Venhuizen will have 18 homes for beginners and seniors
Author unknown, March 05, 2024
A new residential area with 18 houses for beginners and seniors will grow on the site behind the former town hall Venhuizen on Westeind. 10 adjoining houses, 6 apartments and 2 Kapberg houses are being built. If construction goes well, the houses will be ready after the summer of 2025.
Sweden, Stenungsund: A retirement home is being dug here for SEK 189 million
Author unknown, March 11, 2024
The municipality of Stenungsund will acquire a new retirement home with 104 apartments for SEK 189 million. On Monday, the first symbolic turf was laid for the construction that is taking place on the site of the old Norumsborg ice hall.
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.
