The Market Monitor Digest (week 27/2023)
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
Switzerland, Geneva: Uxco splashes €90 million on Geneva co-living asset
By Virna Asara, July 06, 2023
Uxco Group, an investor, developer and operator of student and co-living real-estate (PBSA) in France majority owned by Brookfield, has announced its first acquisition outside of the Paris region with the purchase of a major co-living development near Geneva.
UK, Coventry: Balfour Beatty Investments unveil plans for Coventry Student Hub
By BDC News Team, July 05, 2023
Balfour Beatty Investments (BBI), part of leading international infrastructure group, Balfour Beatty, has unveiled proposals for a flagship student living scheme at 8 Torwood Close, in Westwood Heath, Coventry. The plans, which are now subject to a consultation, will provide approximately 780 student bedrooms across two buildings as well as shared cluster rooms for students, and a range of amenities.
Spain, Valencia: Valencian businessmen promote a 200-bed student residence in Moncada
By Begona Torres, July 03, 2023
Valencian businessmen are promoting another property with nearly 200 beds, but with the particularity that it will not only be aimed at young people who are studying, but will also operate as a hotel for families or teachers.
UK, Coventry: Education and student living scheme outlined
By Adam Beech, July 03, 2023
Plans have been submitted for the development of a new facility for an educational organisation in Coventry, along with almost 250 units of student accommodation.
UK, Manchester: All the big Manchester developments due to be decided this week
By Joseph Timan, July 03, 2023
261 student beds including Victorian villa conversion near Whitwork Park.
BTR
UK, Leicester: Pluto Finance completes £25m loan for Leicester BTR scheme
Nick Biring, July 5, 2023
Pluto Finance announces its second loan completion with the Housing Growth Partnership for the development of a Build to Rent scheme in Leicester city. The £25m loan will support the 171 residential units.
UK, Birmingham: Aviva launches JV with Moda Living to deliver Stone Yard BTR
Bea Patel, July 3, 2023
Aviva Capital Partners and Moda Living form a joint venture to deliver Stone Yard, a new Build to Rent scheme in Digbeth, It will deliver 1,000 Build to Rent homes with a GDV of £400m.
Germany, Fürth: BayernHeim is building 98 subsidized apartments
Author unknown, June 30, 2023
BayernHeim is building housing for people with low and medium incomes on the former parking lot in Fürth with 98 subsidized apartments.
Poland: Cavare to launch PRS projects in 5 Polish cities
Author unknown, June 30, 2023
Cavatina Group S.A. is preparing to launch its first investments primarily in the markets of Warsaw, Wrocław, Gdańsk, Kraków, and Poznań, a secured pipeline of circa 1.6k units.
UK, London: John Lewis Partnership submits planning for two BTR sites
Bea Patel, June 30, 2023
John Lewis Partnership has submitted its first planning applications for its Build to Rent sites at West Ealing and Bromley with 428 and 353 new homes respectively furnished by John Lewis.
Senior Living
Switzerland, Bubendorf: The beginning of the development of housing for seniors
Author unknown, July 04, 2023
19 new apartments for seniors with 2½ and 3½ rooms are being built in the Sappeten / Sonneckstrasse area in Bubendorf. The Paul Schwob Foundation, which has implemented a similar settlement in Liestal at the Brunnmatt care center, is investing approximately 8.5 million francs in Bubendorf.
US, Falls Church: Senior Living Development Proposal The Focus Of Walking Tour
By Emily Leayman, July 05, 2023
A proposed development with senior living and retail in Falls Church will be discussed during a walking tour next Monday, July 10. The Quinn and Homestretch development is a proposal at 350 and 360 S Washington St. and 303 S Maple Ave. The proposal is centered around 226 senior living units, including 140 independent living units, 55 assisted living units and 31 memory care units.
Germany, Lieck: A lot of new space for the elderly is being created in Heinsberg
By Peter Küppers, July 01, 2023
By the end of 2024, 31 apartments for seniors will be built in the retirement home in the Heinsberg district of Lieck for more than 5 million euros.
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