Year: 2014

The University of Hull is inviting bids for a £24m scheme to build new student accommodation.

The contract is for the design and construction of space for 562 students, along with kitchens and social areas. It is part of a a scheme to provide a total of 2,000 new student beds over the next few years. Work on pedestrian and traffic routes will also form part of the scheme, which has a total estimated build cost of £24m.

The selected contractor will be required to demonstrate it capability, innovative approach to construction and management, experience in similar projects and ability to work with the existing design team …

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Plans for new student accommodation at the University of Edinburgh have been submitted to the local authority, it has been revealed.

The proposals, which have been submitted by JM Architects on behalf of the university, would see the postgraduate accommodation development consist of 138 rooms.

Ancillary uses and amenity spaces would also be provided …

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CastleHill Capital, a fund with bases in the UK and Middle East, is to launch its first sharia-compliant UK student accommodation fund in early 2015.

The fund will be managed as part of the CastleHill Group, a provider of student recruitment services for over 50 universities.

CastleHill Capital said it would leverage its “strong relationships to offer high quality student accommodation in the UK” …

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Nabarro has advised South Street Asset Management about the establishment of an £89 million UK student accommodation fund.

South Street Asset Management is one of the UK’s largest independent student housing providers with over £200m of assets under management. It has successfully secured the £89 million commitment from a major Kuwaiti pension fund for deployment in the UK student accommodation sector.

The UK student accommodation fund is targeting double digit returns and taps into growing demand from Middle Eastern investors for UK student accommodation …

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Aprirose Real Estate Investment has put a 592-bedroom student accommodation block in Liverpool on the market with a £36.35m price tag.

A sale at the asking price would represent a net initial yield of 5.25%. Europa on Manfred Street is let to Nicelock until March 2030, at a rent of £2m a year.

Knight Frank has been appointed to sell the freehold interest in the building, which is opposite the Royal University teaching hospital …

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A block of 350 student flats could be built on the site of a former car depot in Derby city centre.

Developer London & UK Property has applied to Derby City Council to build the accommodation in Cathedral Road.

Its planning application is for the site of the former SIXT UK car hire depot and its outbuildings …

The London & UK application says: “The current proposal envisages the development of a single building, which will accommodate 350 single bed student apartments, over seven floors. The remainder of the landholding will be landscaped to provide communal outdoor space for residents, along with some car and cycle parking and service buildings.”
The council is expected to make a decision by January 30.

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A luxury £10million apartment block with more than 130 state-of-the-art ‘hotel suites’ is set to be built in Burnley.

Aimed at business professionals and students, they can be rented for between one night and twelve months. MP Gordon Birtwistle said it would be a ‘massive’ scheme for the town and it was brilliant to see the area, once derelict, improved.

Padiham company, Group First, which is behind the £10.6 million buy-to-let development, also has plans afoot to build two more similar sites in the North West …

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The former four-storey Rapid Hardware paint store, next to Lewis’s, in Renshaw Street, is to be demolished and replaced with a 13-storey block of student flats.

The scheme, by Legacy Student Living Liverpool, will see a tower accommodating 192 units …

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Developers have submitted fresh plans to renovate one of Newcastle’s most recognisable historic buildings after a rare World War II relic was found there.

The scheme to convert the former Newcastle Breweries headquarters, the Bruce Building, on Percy Street into student flats were granted in April.
But as developers began to draw up plans to renovate the Grade-II listed building, they came across a rare WWII fire watchers’ post.

At the back of the site, the cylinder look-out is one of only two known in England. The other is on North Shields’ ferry landing …

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Cream bosses have broken their silence on plans to bulldoze the site of the world’s first superclub to make way for student flats by saying they’re “overwhelmed” by fan support.

Cream’s Gill Nightingale told the ECHO: “We have been overwhelmed by the response from music fans across the city in support of retaining the musical and creative hub that exists around Wolstenholme Square.”

She said that “developments are still in the very early stages” but Cream are “liaising with the relevant parties on their planning” …

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