Empiric Student Property PLC has acquired a 61-bed, direct-let student accommodation site in Exeter, called Library Lofts, for GBP6.1 million.
The site’s practical completion is scheduled for August 2015 …
Empiric Student Property has bought a grade II-listed site near the University of Manchester and Manchester Metropolitan University.
The property developer announced the acquisition of the freehold of the neogothic-style former Welsh Baptist Church on Upper Brook Street at a cost of £1m excluding fees.
The location has planning permission for a 93-bed residential development …
A parcel for greenfield land earmarked for development close to the University of Exeter is on the market.
The 1.24 acre plot of land off Glenthorne Road is within the built-up Cowley Bridge area of the city to the north west of the City Centre and to the west of the Streatham Campus, the main campus for the University of Exeter.
In the current allocations of the Local Authority’s Development Plan Document, the site has draft allocation for residential housing …
Far East Orchard has acquired a portfolio of student accommodation properties within Shieldfield, Newcastle upon Tyne, England for £40.9 million (S$83 million) to extend and diversify the reach of its overseas property portfolio in Europe.
The freehold properties comprise two land sites for development into purpose-built student accommodation, an existing student accommodation, and another student accommodation undergoing development which is expected to be completed in the second half of this year.
“This move represents several milestones to develop our position as a leading regional real estate player,” said FE Orchard group chief executive and managing director Lui Chong Chee in a statement …
Russian billionaires are among a number of new investors buying up swathes of UK student accommodation, pushing sales this quarter to a record £3.3bn.
The transactions of high-end student halls in the first three months of the year have already outstripped full-year turnover of £2.5bn in 2014.
Research from the estate agent Savills shows that 37,000 beds have sold so far in 2015 …
Student accommodation is a thorny subject in the city.
Many say there are already too many in the city centre, and that the needs of local residents should now be considered.
Bulk Ward Coun Tim Hamilton-Cox said that the devil would be in the detail, but that residents in Bulk Road welcomed the development in principle mainly as an end to the dereliction …
Works to create much-needed, bespoke accommodation for nearly 200 students at a site close to the University of Aberdeen began with a ground-breaking ceremony earlier this week.
Alumno Developments and Kier Construction broke ground on the £11m project, which will deliver rooms for 196 students in a modern, six storey building in the city’s Powis Place.
Comprising a series of two- to nine-bedroom cluster flats, along with studios, the Powis Place development includes onsite management facilities and modern amenities, as well as secure cycle spaces as part of an effort to encourage a reduction in car use …
A block of 130 studio rooms for students is proposed for Exeter’s Queen Street.
The site lies between National House which was the former Job centre and which is being re-developed for Exeter College, and the telephone exchange known as Rougemont House.
If given the go-ahead the development would be on the now vacant car park which serves Rougemont House …
The Board of Empiric Student Property plc is pleased to announce that the Group has acquired the freehold of a development site and entered into a forward funded arrangement in respect of a development known as William & Matthew House, in Bristol.
It is to be developed into a prime, purpose-built student accommodation asset by regional developer, Urban Creation, and designed to the Company’s agreed specification.
The site is located on Host Street, Clifton within a five minute walk of the University of Bristol’s main city campus …
Developers spearheading a proposed multi-storey development of student flats just behind the Odeon and Alhambra Theatre say they still hope to develop the site, despite their plans being blocked a second time.
Castlebrook Properties saw its planned 13 storey development on Great Horton Road, which would also have incorporated ground floor shops and a cafe, refused by Bradford Council last year.
The developer lodged an appeal against the decision shortly after. Following a lengthy wait, the appeal has now been dismissed by a government planning inspector …
“TigerLime were appointed to undertake an options appraisal for the University’s new Residential strategy. The team were professional, engaging and creative throughout the whole process.”
Mark Barry (Head of Commercial Services) Cardiff Metropolitan University
