The Market Monitor Digest (week 32/2023)
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, Saint-Étienne: A new student residence opens a stone's throw from the city center
By Julien Barletta, August 10, 2023
The residence will have 175 studios with four different typologies.
UK, South Gloucestershire: Nine-storey block of student flats planned near UWE in retail park
By Alex Seabrook, August 09, 2023
The development would include 330 beds over nine storeys, but some locals say it would be too tall.
UK, Manchester: Plans for 'monster' 42-storey student tower in Manchester city centre unveiled - as residents fuming
By Joseph Timan, August 08, 2023
Plans to house hundreds of students and bring 1,900 jobs and apprenticeships to a neighbourhood near the Mancunian Way have been finalised. The £450 million scheme includes building a 42-storey tower - which is already facing opposition. The development would see most buildings on a stretch of Upper Brook Street demolished to make way for purpose-built accommodation for 1,837 students as well as several new blocks with laboratory and office space for life sciences sector jobs.
France, Paris: GDG Investissements secures €44 million loan from Cheyne Capital
By IPE STAFF, August 03, 2023
GDG is planning to convert the existing property located in the 6th Arrondissement in central Paris into a mixed-use building, comprising both space for a campus and social student housing.
UK, Manchester: Sheppard Robson gets go-ahead for 28-storey Manchester student tower
By Kit Heren, August 04, 2023
Sheppard Robson Architects has been given the green light for a 1,224-bed student residential tower scheme that replaces an earlier consented 642-unit co-living concept.
BTR
Germany, Stuttgart: Instone hands over project with 250 apartments to BVK
Author unknown, August 4, 2023
In a central location in Stuttgart, Instone Real Estate has successfully completed 250 rental apartments, which also include 34 barrier-free and 24 socially priced units.
UK, Birmingham: New apartment scheme planned for old university building
Tamlyn Jones, August 7, 2023
New plans have been submitted to turn Richmond House into 152 units to rent only, aimed at post-graduate students and young professionals. The new apartments would be managed on site by AR&V Investments' build-to-rent brand 'The James'.
Spain, Bilbao: M&G acquires residential development on Zorrotzaurre Island
Amy Johnson, August 9, 2023
M&G has made a €98m forward funding commitment to a 29,000 sqm residential development on Bilbao’s sought-after Zorrotzaurre Island on behalf of its European Living Property Fund. The development comprises 314 private rental apartments split across two buildings.
Senior Living
Germany, Helmershausen: He moved more than a few shoulder blades
By Iris Friedrich, August 03, 2023
Symbolic groundbreaking for the new care facility for the elderly on the soccer field in Helmershausen. Even if only a few shovelfuls of earth were moved – it was more for the village of Rhönblick.
France, Bruay-La-Buissière: Work has begun on the future intergenerational residence in Bruay-La-Buissière
Author unknown, August 07, 2023
Behind Intermaché in the Stade-Parc district of Bruay-La-Buissière, work began on the future intergenerational residence (88 apartments) at the end of July. Two years of work are planned
France, Rochechouart: The new Odhac pavilions in Rochechouart
Author unknown, August 10, 2023
Construction work on the new Ehpada will begin soon and will be designed for the elderly or disabled. The planned duration of the project is 14 months with an estimated cost of €974,000. This file represents 169 apartments.
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