The Market Monitor Digest (week 41/2023)
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
UK, Lancaster and Leeds: Maslow Capital lends £68 million to HIG and Primus for UK student housing projects
By IPE STAFF, October 11, 2023
HIG and Primus partnership secures financing for Leeds and Lancaster student digs.
UK, Nottingham: Plans for student accommodation at key city centre gateway
By Sam Metcalf, October 11, 2023
Plans have been revealed for a major student accommodation scheme next to a Nottingham city centre gateway hotel. The car park next to the hotel could be turned into a 163-bed student development on the corner of Mansfield Road and Magdala Road.
Czechia: Housing unavailability and student demand drive up rent prices across Czechia
Author unknown, October 10, 2023
Compared to spring, rent prices across saw changes ranging from a 4-percent decrease to a 17-percent increase, depending on apartment type.
Germany, Rostock: €240 million contract for timber modular construction
By Raphael Kerschbaumer, October 10, 2023
Kaufmann Bausysteme receives a major order worth €240 million. All modules for the Rostock student residence should be completed by September 2025.
Norway, Trondheim: Heitman expands Norwegian student housing portfolio with 218 beds
By IPE, October 09, 2023
Real estate investment management firm buys Steinan Studentby for undisclosed amount.
BTR
Germany, Gera: SIM Residential Invest buys 120 apartments
Author unknown, October 9, 2023
SIM Residential Invest has acquired 120 apartments with a rental area of approximately 7,600 square meters in
Germany, Berlin: Round Hill buys 540 rental units for 90 million euros
Author unknown, October 10, 2023
Round Hill Capital announced that it recently acquired 541 residential units. All seven properties are located in well-connected locations in the Berlin area.
Netherlands: Heimstaden to sell off bulk of Dutch rental properties as macro pressures bite
Marianne Korteweg, October 9, 2023
Heimstaden plans to sell 12,000 of its 13,500 rental homes in the Netherlands.
UK, London: Long Harbour and St George acquire Beaufort Park BTR
Bea Patel, October 5, 2023
Long Harbour and St George PLC agree to forward purchase a Build to Rent development within Beaufort Park, a popular neighbourhood in Colindale, North West London, delivering 370 new homes.
Senior Living
France, Creuse: The first stone of shared accommodation for independent elderly people laid in Creuse
Author unknown, October 11, 2023
These shared accommodation units are designed for eight elderly people. Each of them has a studio of 30 m² with a bathroom.
Germany, Marktheidenfelder: New senior apartments are planned
By Klaus Gimmler, October 11, 2023
Rummelsberger Diakonie wants to build a facility next to the existing senior center Haus Lehmgruben Rummelsberger Diakonie plans a residential complex with 67 age-appropriate apartments, a day care center with 30 places and a social center.
Germany, Frankfurt: DPF Group leases offices for senior apartments
Author unknown, October 11, 2023
The DPF Group is planning a retirement home in Frankfurt's Westend. A total of 120 apartments and various service and common rooms are to be built on 7,800 m² of net living space. The "Tertianum Premium Suites" is scheduled to open in two years. DPF operates a total of four Tertianum houses in Germany and regularly examines locations for the opening of further retirement homes. Information about the property in which the retirement home is being built can be found in TD Premium.
Switzerland, La Chaux-de-Fonds: Another real estate project in the suburbs
Author unknown, October 09, 2023
Two new residential buildings will rise on the edge of La Chaux-de-Fonds. The project of 62 apartments, of which 32 are for senior citizens, with underground parking and commercial spaces, is open to public consultation until the end of October.
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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:
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