The Market Monitor Digest (week 36/2023)
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
Ireland, Cork: New 623-bed student accommodation to be developed in Cork through ISIF investment
By Emer Walsh, September 07, 2023
The Ireland Strategic Investment Fund (ISIF) has announced a €75 million commitment to Harrison Street which will deliver new student accommodation across Irish cities. ISIF said it plans to invest half a billion across Ireland's regional areas with the aim of making them more attractive to pursue third-level education. One such development is the Bottleworks Building in Cork, a 623-bed student accommodation scheme on the grounds of the former Coca Cola factory, with Finance Minister, Michael McGrath attending the site this morning for the announcement.
Netherlands: Netherlands making progress toward ambitious student housing target
Author unknown, September 06, 2023
The Netherlands has established a national action plan to expand student housing stock. The plan calls for 60,000 new beds to be in place by 2030, to address a current and growing shortfall in student housing throughout the country. Dutch officials recently announced that plans are now in place for more than a third of the beds needed to reach that target.
UK, London: Regal London Nets Large Wembley Student Homes Consent
By Paul Norman, September 06, 2023
Developer Planning 639-Bed Scheme at Wembley Greenaway.
UK: HGP invests £17.7 million into Midlands schemes
By Amy Johnson, September 05, 2023
HGP investments have committed to deliver over 8,350 new homes (with GDV in excess of £2.7 billion) across Build to Rent, purpose-built student accommodation (PBSA), open market, retirement living and regeneration schemes.
Czech Republic, Prague: Zeitraum Student Housing opens new student housing in Karlín
Author unknown, September 03, 2023
The doors of a newly completed private campus for housing up to 77 university students have just opened in Prague's Karlín.
BTR
UK, London: Grainger announces early Autumn launch for Nautilus Apartments
Bea Patel, September 1, 2023
Grainger announces a September launch for its Nautilus Apartments Build to Rent scheme at Fortunes Dock in East London. Nautilus Apartments includes 146 new Build to Rent homes.
UK, Midlands: HGP invests €21m in resi schemes in Midlands
Author unknown, September 4, 2023
Housing Growth Partnership has invested c. €20.7m of equity across seven housing schemes in the Midlands since the start of 2023. HGP’s investment, alongside a diverse mix of established, local housebuilders, will enable the accelerated delivery of 557 much-needed for-sale and for-rent apartments.
Germany, Berlin: QUARTERBACK realizes residential quarter Quartier 315
Author unknown, September 7, 2023
QUARTERBACK Immobilien AG is building a new residential quarter with 173 Rental apartments, of which 107 and thus almost two thirds are planned as socially funded units.
UK, Glasgow: Dandara Living tops out at Glasgow’s Granary Quay BTR
Amy Johnson, September 6, 2023
Dandara Living tops out at its Granary Quay development at Glasgow Harbour. Granary Quay will include 342 new homes.
Senior Living
Germany, Barenburg: Woodpecker Group and Myenso are revitalizing the center of Barenburg
By Friedhelm Feldhaus, September 05, 2023
The Specht Group, the real estate entrepreneur Hans-Joachim Marhold and the online supermarket Myenso want to revitalize the center of the village of Barenburg in Lower Saxony with the Fritz Weber residential park. The Tante Enso stationary supermarket was opened on September 1, the apartments for seniors around it will follow in October.
Sweden, Mölndal: Norlandia will move to an innovative nursing home in GoCo Health Innovation City
Author unknown, September 04, 2023
Early next year, Norlandia will open the doors to its new nursing home in GoCo Health Innovation City. The retirement home will consist of 60 apartments over three floors, a welcoming rooftop terrace and plans for a yoga studio focused on health and exercise for seniors.
Germany, Berlin: Aachener Grund acquires senior citizens' residence near Berlin
Author unknown, September 05, 2023
Aachener Grundvermögen secured the recently completed premium seniors facility Luisen Residenz at Fontaneallee 27/28 in Zeuthen near Berlin. The seller is the Land Union Group, which rebuilt and renovated the long-standing Seehotel Zeuthen. A total of 75 one- to three-room apartments and studios ranging in size from 22 to 85 m² were built on three floors. In addition, the home offers outpatient and day care and other services for residents.
Germany, Göttingen: 170 new apartments for seniors: Tetraeder wants to build on the former EAM land in Grona
By Michael Brakemeier, September 07, 2023
The owner of the property, Tetraeder Immobilien GmbH in Göttingen, is now planning a residential complex with around 170 barrier-free apartments, some of which are barrier-free, which should be primarily aimed at the needs of the elderly.
Sweden, Lesjöfors: S takes the initiative for new special accommodation in Lesjöfors
By Filip Kowalski, September 05, 2023
The Social Democrats went to the polls to invest in new special housing in Lesjöfors. Now a party that sits in opposition and plans to build retirement homes.
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