Amber Beat: Global Student Accommodation Market News - April 2024, Week 04

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Missed keeping track of all the latest happenings in the student accommodation market?

Amber Beat is a weekly snapshot of the key developments in top student accommodation markets.  This newsletter provides you with all the information you need to know, from new upcoming projects to current trends, news affecting students to government policies, we’ve got you covered!

Amber Beat | News from April 19- 25

United Kingdom

• Cain and Vita secure £92 million funding for Manchester student homes tower, providing 576-bed PBSA with ground floor food hall  (1)
• Farrans completes 20-storey luxury student accommodation in Leeds City Centre, featuring 212 studio apartments (2)
• Selly Oak Development proposes 836-bed student accommodation in the Birmingham area, receives a recommendation for approval (3)
• Vita proposes nearly 600 student bedrooms and 20 affordable rental flats at a vacant site, 20 India Street in Glasgow; seeks planning permission (4)
• South Bank Square proposes a 594-bed student accommodation development, 'The Grattan', in Belfast's Great Victoria Street area (5)
• Bristol's City Council to decide on approval for 484-student development in Bedminster, marking final pre-election decision (6)
• Leeds City Council greenlights plans for 10-storey student accommodation on Kirkstall Road, featuring nearly 200 flats (7)
• Vita Group's redevelopment plan for the former Barker & Stonehouse site in Newcastle to provide 260 student accommodation units (8)
• Brighton offices to be converted into student accommodation with 39 flats, including communal facilities, the plan submitted to the council (9)
• McAleer and Rushe propose a student accommodation scheme in Belfast City Centre, including a multi-storey building and car parks (10)

United States of America

• Kennedy Wilson, a global real estate investment company secures a senior construction loan to develop ‘Aspire A&M’, an 873-bed student housing facility located near Texas A&M University (11)
• UC Berkley announces the opening of a new 761-bed graduate student housing in Albany in August, named ‘Xučyun Ruwway’, honoring local indigenous people (12)
• Student Quarters to handle the operations, leasing, and management of ‘The Armory at Sam Houston’, a 502-bed student housing community located near Sam Houston State University in Huntsville, Texas (13)
• Harrison Street secures $25 million to refinance ‘Twin River Commons’, a 371-bed student housing community located near the State University of New York at Binghamton campus (14)
• Sundance Real Estate acquires ‘The Edge at Donaghey’, a 432-bed student housing complex for $16.6 million, near the University of Central Arkansas (15)
• Mobile, Bishop State Community College reveals plans for 'The Branch', a student housing project featuring 350 units, set to transform Dr Martin Luther King Ave (16)

Australia

• Singaporean developer Wee Hur plans to build an 18-storey, 708-bed student accommodation tower at 188-196 Grenfell Street, which includes the historic hotel (17)
• Bowen Hills plans to build 31-storey  a mixed-use build-to-rent tower on a 3572 sqm, including 240 apartments (18)
• Plans submitted for an $11 million co-living development In Tamworth's CBD, with 73 rooms for 146 occupants (19)
• Griffith University plans to expand Gold Coast Campus with a 1000-bed accommodation tower, in collaboration with Campus Living Village (20)

Europe

• The Dot Group completes acquisition of CRM Students, expanding global portfolio to 80,000 beds across Europe (21)
• Irish Government commits €100m to construct 1,014 student accommodation beds across three universities, including University College Dublin,  Dublin City University, and Maynooth University (22)
• Drassanes Student Residence Project to build 384 rooms across two buildings to revitalise long-empty Raval plots; another 400-place student housing planned nearby (23)
• Wrocław University of Life Sciences unveils renovated 'Arka' dormitory in Poland, offering 352 beds in single and double rooms, with enhanced facilities (24)
• Amro Partners' second PBSA project in Valencia, Spain, receives approval, providing 221 student beds with €29 million investment, set to be completed in early 2026 (25)
• TU Dublin Architecture Students propose up to 6,000 on-campus beds to accommodate the growing student population at Grangegorman, Dublin 7 (26)

Canada

• Western University unveils plans for 8-storey student residence building with 772 bedrooms on Richmond Street (27)
• Vancouver's newest purpose-built rental housing to be used as a student housing hub in Kensington Cedar Cottage; expected to open in August (28)

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Sources: ( (1), (2), (3), (4), (5), (6), (7), (8), (9), (10), (11), (12), (13), (14), (15), (16), (17), (18), (19), (20), (21), (22), (23), (24), (25), (26), (27), (28))