The Market Monitor Digest (week 12/2024)
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: Barings raises €300 million to enter housing in Spain
By Alba Brualla, March 20, 2024
Barings is committed to the residential market in Spain. The American manager has €300 million to invest in housing projects and also in other more alternative products such as student residences or flex living. "We hope to be able to close some operation throughout this year," says José Carlos Torres, general director of Barings in the Iberian Peninsula.
UK: Samsung Partner With Watkin Jones Group to Create the Future of Living In BTR residential and Student Accommodation
Author unknown, March 20, 2024
Samsung Electronics (UK) Limited and Watkin Jones Group, the UK’s leading developer and manager of residential for rent, have joined together on an innovative long-term partnership, launching with their flagship BTR (Build To Rent) residential project in Cardiff. As a trusted partner to construction developers in the building industry, Samsung will provide a range of technologies for multiple projects including Purpose Built Student Accommodation, BTR and traditional homes.
Sweden, Skellefteå: The EU invests nearly SEK1 billion in Skellefteå housing
By Petra Länsman and Paul Connolly, March 19, 2024
Skellefteå municipality has received an SEK800 million loan from the European Investment Bank (EIB) and an SEK120 million grant from the EU to build nearly 750 new homes, including student housing.
UK, Liverpool: £60 million student accommodation complex approaches completion
By Neil Hodgson, March 19, 2024
The final phase, which will see Block B and a further 204 rooms open to students, will be completed by the end of spring 2024. In addition to the bedrooms, residents will also benefit from a large wellbeing garden, located between the blocks, that will provide students with an external event and relaxation space, all set within a secure and gated environment.
UK, London: Alumrose secures Octopus loan for London student housing site purchase
By Lauren Mills, March 19, 2024
The loan has been provided to Melrose Capital and Alumno Group joint venture.
Ireland and US: US investor parachutes fresh finance into €250 million Irish student portfolio
By Chris Borland, March 18, 2024
Platform comprises 1,350 beds across four sites.
BTR
Spain: Greystar and Boconcept set the bar for BTR living in Spain
By BTR news, March 19, 2024
In collaboration with Greystar, a leading global property management and investment firm, BoConcept have brought their signature blend of contemporary design and functionality to the Build to Rent (BTR) landscape in Spain.
Spain: Barings is committed to investing 300 MLN € in housing projects in Spain
By Eje Prime, March 20, 2024
Barings focuses on the Spanish residential market. The American manager has announced its commitment to invest 300 MLN € in housing projects in Spain. The main idea of the fund was to bet on rental housing through build to rent (BTR) projects, a policy that has been slowed down as a result of the rise in interest rates.
UK, Manchester: New build-to-rent (BTR) community to launch in Manchester neighbourhood named ‘best up-and-coming place to live’
By Manchester’s finest, March 20, 2024
Called The Castings, the new creative hub – which is owned by the same people behind the five-star Lowry Hotel – is situated just behind Piccadilly Station, on the cusp of the Northern Quarter and Ancoats. Made up of studio, one, two and three bedroom apartments, the development will feature a host of amenities. Among them will be a new yoga room and gym, a games room, private dining spaces and a work hub.
UK, Birmingham: Birmingham approves £200 MLN Broad Street tower block
By Construction News, March 15, 2024
Planning approval has been granted for a 47-storey block of flats on Birmingham’s Broad Street. The Essington at 90-97 Broad Street is a £200 MLN build-to-rent (BTR) development designed by Glancy Nicholls Architects for Regal Property Group. It will stand 145-metres high, with an H-shaped floor plan and 525 apartments.
Senior Living
France, Montargis: Montargis Senior Residence: Inauguration of AQUARELIA Montargis Senior Residence
Author unknown, March 19, 2024
They inaugurated a new residence located in the heart of Montargis. A hundred participants could discover this facility of 92 apartments for seniors. With 13 senior residences currently under management, the chain plans to operate a portfolio of 2,600 homes in 26 locations across France by 2025.
Germany, Spenge: Apartments for senior citizens are being built in Seippel
By Ruth Matthes, March 21, 2024
An excavator has been standing on the former Seippel property opposite the town hall in Spenge for several days. As the head of the resort, Sabrina Held, explained to the council, senior apartments are being built there.
Netherlands, Leidschendam: Subsidy provided for housing for seniors
By Nahira Martina, March 16, 2024
The Duivenvoorde Foundation in Leidschendam provided a subsidy for 125 new homes for the elderly.
UK, Brighton: 142-unit senior housing complex debuts in Brighton
By Greg Ryan, March 18, 2024
Senior housing developer 2Life Communities and the Boston Housing Authority cut the ribbon Monday on a 142-unit complex in Brighton for seniors and people with disabilities, a model that public officials want to see replicated elsewhere.
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.
