Green light for Mace £70m Sheffield PRS and student scheme

August 13th 2018 - Posted by

Mace’s own development plans for a mixed-use residential and student scheme in the centre of Sheffield have been approved by Sheffield City Council.

The plans for a site on Hoyle Street have been designed to also feature an iconic grade II listed cementation furnace for steel making, the only one of its kind to survive undamaged in Britain.

The building complex rising to 12 floors will include 247 build-to-rent flats and 658 student beds, comprising studios, cluster flats and townhouses, which also benefit from dedicated, private open space …

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Invesco forward funds Irish PBSA for €47m

August 9th 2018 - Posted by
Invesco Real Estate has bought The Brickworks, a forward funded, purpose-built student accommodation (PBSA) development in Dublin, Ireland for €47m from Bain Capital Credit. The transaction marks Invesco’s first acquisition on behalf of a European account in Ireland, specifically for one of the firm’s long-standing German separate account clients.

Alicia Edgar, Associate Director – Transactions at Invesco, comments: “We are very excited about this prosperous student housing project; it further grows our operational real estate programme in Europe, which is now at €1.8bn, and enables us to diversify into both student housing and the Irish market.

“Dublin is the largest student destination in Ireland, and specifically for international students looking to study in Europe. With a significant undersupply of student beds, supportive demographics and a resurgent economy in Dublin, the investment offers an attractive opportunity to enter this market.” …

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CLV announces developments of new Bagot Street, Birmingham

August 6th 2018 - Posted by

Campus Living Villages (CLV) has taken over full management of operations at the newly-constructed Bagot Street Blocks D and E in Birmingham. The property, which is home to 492 beds, complements existing blocks (A, B, C) at the older Bagot Street site and further strengthens their presence in a city centre that is hugely popular among the student community.

The high-end property, which has a retail space on the ground floor, is located on the same street as the existing blocks, bringing the total bed numbers to 1,148.

Both city centre properties are managed by CLV on behalf of Arlington Investors (Arlington). Practical completion took place on 1 August, further strengthening the student accommodation provider’s UK portfolio …

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£16m finance deal agreed for student development

August 2nd 2018 - Posted by

A property finance company has agreed a £16m loan to deliver a student accommodation project in Bristol city centre.

Atlas Land is to build the 225-bed purpose built block with the backing from Octopus Property.

Located on Dean Street, the Atlas Land scheme is approximately one mile from the main University of Bristol campus and just 400 metres from Cabot Circus. It is also near the city’s student nightlife hotspot …

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5 little-known facts about international student mobility to the UK

August 1st 2018 - Posted by
This paper analyses some of the significant shifts in international student enrolments in UK higher education.
It starts with a brief overview of global demand for UK higher education. The focus of the paper is then on identifying analytical facts about international student mobility to the UK that have received little or no attention to date. The term “international students” includes students from EU and non-EU countries …

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SPH to buy £180m student digs portfolio for UK debut buy

July 26th 2018 - Posted by

SPH has agreed a deal with Unite to buy the Mayflower portfolio, which is made up of 13 buildings and around 3,500 affordable student beds.

The assets are located in six towns and cities including London, Huddersfield, Plymouth and Sheffield.

SPH, which owns a number of print and digital newspapers and magazines in Singapore, is buying the Mayflower portfolio as part of a new drive to invest in real estate …

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10 of the coolest student accommodation for 2018

July 25th 2018 - Posted by

We’ve always been under the impression the digs you stayed in during your student years were supposed to be some of the most grim, dirty-dish-infested hell-holes you’d ever experience in life. It’s only meant to go up from there.

But that’s not according to these absolute gems. Mystudenthalls.com – the student halls search engine that saves students hours of legwork looking for their perfect accommodation across the UK – has rounded up some of the coolest, most enviable student accommodation going. And if you could boast a slide, a formal dining room, a grand piano and more from your digs, you’d have no problem making friends come Freshers’ Week …

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PRS investment reaches £1.6bn in first half of 2018

July 23rd 2018 - Posted by

Investment in the private rented sector (PRS) overtook student housing investment in the UK for the first time in H1 2018, according to research from JLL.

UK PRS attracted more than £1.6bn in the first half of the year, compared to £1.2bn invested in student housing.

However, hotels are still the most popular alternative sector, with more than £3.2bn invested in the first six months of the year …

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“TigerLime has worked closely with Mainstay Group Limited, over an extended period of time, providing consultancy services for our Student Property Management division.”

Sue Petri, Property Director, Mainstay Residential Limited