The Market Monitor Digest (week 16/2023)
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, Nantes: A former chocolate factory transformed into a student residence
By Antoine Lebrun, April 20, 2023
A 133-unit student residence in a former iconic chocolate factory in Nantes? This is the new project that should come out of the ground by the end of 2026 on the island of Nantes thanks to the real estate group Lamotte.
Netherlands, Utrecht: Utrecht and SSH will provide more student rooms
By Ries Agterberg, April 20, 2023
Student housing provider SSH will receive a discount on the land price from the municipality of Utrecht to build 1800 extra student rooms in the coming years. This is in addition to the 3,500 student residences that are already planned.
UK, London: Former Wimbledon pub could become student accommodation
By James Twomey, April 20, 2023
A former Wimbledon pub could soon be replaced with more than 250 student flats.
Spain, Madrid: Harrison Street and T3N team up to invest in sport-oriented student digs
By IPE STAFF, April 19, 2023
Partnership buys ESC LaLiga & NBA Madrid Village in debut investment.
UK, Edinburgh: Developer lodges revised plans for Jock’s Lodge
By Phyllis Stephen, April 18, 2023
The developer says the changes respond to community feedback. The application by Alumni Group includes 191 student rooms, and ground floor commercial space which will replace the existing pub.
Portugal, Lisbon: Smart Studios starts construction of two new student residences
Author unknown, April 18, 2023
Smart Studio started construction work on two new student residences. They are located in Alta de Lisboa, in Lumiar, in Lisbon, and together they will provide a total of 635 accommodations.
Bristol: Bristol city centre Premier Inn to be developed into flats and a café
By Mark Taylor, April 18, 2023
Two buildings form the proposed scheme: a 28-storey student accommodation building with 445 student beds; and an 18-storey co-living building with 136 bedrooms.
BTR
Germany, Homburg: Ferraro is planning 500 apartments and commercial spaces
Author unknown, April 20, 2023
The Ferraro Group wants to create a completely new city district on the 18-hectare site previously owned by Dillinger Stahlbau in Homburg. Around 500 rental and owner-occupied apartments are to be built, possibly also offerings for students and senior citizens.
Spain, Madrid: Dazia Capital allies with Aermont to invest 350 million in 'flexing living'
Author unknown, April 20, 2023
Dazia Capital has partnered with Aermont Capital to invest 350 million euros in the promotion of around 3000 short and medium stay apartments, with services included.
UK, London: Telford Homes and Notting Hill Genesis secure forward-sale of Gallions Quarter BTR
Bea Patel, April 19, 2023
Telford Homes and Notting Hill Genesis have exchanged on a £66m forward-sale of the Build to Rent development with London BTR Investments Limited. The 132 Build to Rent homes at Gallions Quarter.
UK, Leeds: L&G and Glenbrook invest €158m in Leeds BTR
Author unknown, April 17, 2023
Legal & General and Glenbrook have announce the funding of a €158m residential development in Whitehall Riverside in Leeds, committing to the delivery of 500 new homes.
Senior Living
France, Châteaulin: The beginning of the marketing of the residence for seniors
Author unknown, April 17, 2023
Located on the banks of the Aulne River, close to a doctor's surgery, an aquatic center and less than 300 meters from the market square, the senior residence will have an area of almost 3,000 m 2 with greenery and parking spaces. The residence will have 62 apartments and 6 pavilions adapted to accommodate seniors. Delivery of the residence is expected in 2025.
Germany, Waldeck: Old elementary school in Sachsenhausen will be demolished for "Project Health" and senior living
By Cornelia Höhne, April 18, 2023
The building complex, in which school children were taught for almost 70 years, will be demolished. Apartments for the elderly and a “Health Project” are planned on the 6,000 square meter area. The couple Ralf and Sigrid Wittwer, together with regional partners, are planning the construction of 22 residential units for the elderly and a "health project" with the family doctor's group practice Edersee and other service providers from the health care system under one roof.
France, Loumet: Pamiers. Senior housing: public meeting this Tuesday
Author unknown, April 16, 2023
A future residence for seniors to be built in Loumet will be unveiled this Tuesday. The residence will see the light of day in three years on the site of the former hospital, which was sold to the Eiffage Group, a European leader in the construction industry, in June 2021. Eiffage plans to invest 20 million euros in the construction of a senior housing residence of 110 apartments, on the land of the former hospital with an area of 7,500 m2. Construction is expected to start in September next year.
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