Future Generation secures permission for £80m mixed-used scheme in Hackney Wick
Student accommodation provider Future Generation has secured planning permission for The Vogue, a mixed-use scheme in Hackney Wick …
The Collective gets greenlight for Stratford tower
The Collective has received a resolution to grant planning permission from the London Legacy Development Corporation to transform a site on Stratford High Street into a new public destination for the local community …
Grainger funds Cardiff PRS scheme for £57m
Granger has announced that it will fund a 307-home PRS development at Capital Quarter in Cardiff …
UPP announces Financial Close on new £43m deal
University Partnerships Programme (UPP), the UK’s leading provider of on-campus residential and academic accommodation infrastructure, has successfully reached financial close on a deal worth £43 million with St Modwen Developments, Swansea University and Swan Global LLP for the acquisition of the freehold of 411 rooms at Bay Campus, where UPP will deliver a full facilities management service.
The deal takes the number of rooms operated by UPP on the Bay Campus to 2,432 and boosts UPP’s portfolio of over 35,000 rooms in operation or under construction through long-term partnerships with 15 leading UK universities.
It comes on the back of a c. £98 million transaction between St Modwen Developments, Swansea University and UPP in February 2018, where UPP acquired two companies from St Modwen Properties PLC to operate 2,021 study bedrooms on the University’s Bay Campus, as well as acquiring a freehold property interest in further accommodation …
Student Roost splashes £175m on trio of schemes
Brookfield-owned Student Roost has forward-funded three new student accommodation schemes in a series of deals with developer McLaren Property worth a combined £175m …
Hundreds of student flats on Moulsecoomb waste site approved
Plans for almost 400 more student flats at a site in Brighton have been approved despite concerns about more pressure on parking.
The developer McLaren wants to put up a seven-storey building with 373 student bedrooms on a waste recycling site at the bottom of Moulsecoomb Way on the corner of Lewes Road.
It also wants to demolish St Francis of Assisi Church and replace it with a new church and community space …
Downing plots 2020 start for 44-storey co-living tower
The developer is set to submit plans for its 2,204-bed co-living scheme at Manchester’s First Street next month, with a 44-storey tower the centrepiece of the SimpsonHaugh-designed proposals.
Downing bought Plot 11 at First Street from Patrizia in March this year for around £18m and has wasted no time in advancing plans to develop the plot.
Under the proposals, showcased at a consultation this week, the developer is proposing more than 2,200 bed spaces, split between 11 different accommodation types ranging from compact studios to five-bedroom apartments …
Cardiff Set for State-of-the-Art New Student Accommodation
Experience Invest has announced the launch of Opto Student Cardiff – a new purpose built student accommodation (PBSA) complex to be built in the heart of Cardiff.
Building work will begin in Q1 2020 with Opto Property Group handling the construction. The PBSA will host 728 modern studio rooms …
£61m flats set to bring 794 beds to Sheffield city centre
Diggers have moved on to the old Grunwerg site on Rockingham Street, which is set to be transformed into five blocks up to 17 storeys high with 794 beds.
Some 691 will be for students, with an additional 103 beds in up-market ‘build-to-rent’ flats aimed at young professionals. There will also be a commercial unit.
Welsh building company Watkin Jones is behind the project and has already agreed to sell it to AIG Global Real Estate. It is set to complete in stages between August 2021 and the end of March 2022 …
Student accommodation plans for 5-storey Nottingham office building approved
Plans from Study Inn for a student accommodation development at Lambert House in Talbot Street, Nottingham have been approved by the City Council.
The offices were previously the home of Experian. Study Inn Group, which manages more than 1800 student rooms across the UK, acquired Lambert House in February.
When news broke of the acquisition it was revealed that the re-developed property would open in September 2020 with 300 rooms and innovative communal space …