TSH expands Italian job with green lit Florence
Hybrid co-living and c0-working firm The Student Hotel (TSH) has received a key zoning permit for it’s landmark mixed used development in the Italian city of Florence …
Respublica ready to go with co-living project in London
New co-living developer Respublica has revealed plans for its first, mixed-use development, in Camberwell, Southwark.
The 300-unit scheme will offer rooms of 215 sq ft to 375 sq ft, more than twice the size of rooms in London’s first co-living scheme, The Collective’s Old Oak development, which measure 108 sq ft.
Aside from co-living, more than 20,000 sq ft over two floors will be assigned to co-working. The scheme will also feature a gym, restaurants and cultural attractions such as an art studio.
Respublica co-founder and chief executive Ravi Sharma described the scheme, which is at the pre-planning stage, as a cross between a boutique hotel and a private members’ club …
L&G launches £2bn business combining retirement living with children’s nurseries
Legal & General is expanding its retirement living business with the launch of Guild Living, a new brand focused on city centres that will build children’s nurseries with later living alongside.
Under the plans, L&G will build 3,000 new homes over the next five years with a gross development value of around £2bn …
Westfield set for £670m PRS scheme: London
Unibail-Rodamco-Westfield has joined forces with Canada’s PSP Investments and QuadReal Property Group to build one of London’s largest private rented sector (PRS) schemes next to the Westfield shopping centre in Stratford.
The venture, known as the Cherry Park Partnership, will develop and manage the €750m (£670m) residential scheme over the next four years …
Syllabus and Invesco to invest €250m in student housing: Spain
Urbania International, through its subsidiary Syllabus, and Invesco Real Estate, have reached an agreement to jointly develop one of the largest investment platforms in student residences in Spain. Urbania’s goal is to strengthen its position in the country and continue opening up the market in the main university cities. The initial investment will be €250m. The agreement includes the immediate incorporation into the platform of four of the projects that Syllabus by Urbania already has underway in Spain, in the cities of Madrid (2), Valencia and Malaga. With these projects and six more, also in development, which will be incorporated in the upcoming months, the platform will initially have a portfolio of 2,000 rooms. Soon, it is planned to increase that figure to 3,500 rooms in university cities in Spain and Portugal …
Watkin Jones forward sells Wembley student scheme: London
Watkin Jones has completed the £90m forward sale of Kelaty House, a student development in Wembley, to the real estate investment business of DWS.
The Wembley scheme has planning consent for 599 student beds with associated amenity and management space. It also includes a retail offering and substantial landscaped external communal area …