Amber Beat: Global Student Accommodation Market News - August 2024, Week 01

About Amber Beat

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 July 27- August 01

United Kingdom

• Reshape announces 918 PBSA units in Woolwich Electric Works Development, including affordable housing and community spaces (1)
• URW secures Planning for 520 PBSA units and rooftop park at Westfield Stratford City, London (2)
• Unite buys South London site for 444-bed student scheme, expanding London pipeline to 3,200 beds (3)
• Watkin Jones announces £96M forward sale of 397-bed student accommodation in East London (4)
• Karis Capital secures £12 million loan to refinance North London PBSA and mixed-use development (5)
• Torsion Group's 297-bed Redgate PBSA in Nottingham nears completion ahead of September 2024 intake (6)
• Liverpool City Council approves 250-bed student accommodation and retail space by TJ Morris in Liverpool's Fabric District (7)
• Proposals submitted for 211-unit student accommodation to revitalize Glasgow's Merchant City (8)

United States of America

• UC Berkeley launches $500M Anchor House, featuring 14-Story, 772-bed transfer student residence in Berkeley, California (9)
• Rockpoint and Realco Capital Partners acquire ‘Summit Place’, student housing community featuring 357 beds near College of Charleston in South Carolina (10)
• Muinzer acquires 362-bed student housing complexes for $250M near Purdue University in West Lafayette, Indiana (11)
• Brickstone Partners secures $58M refinancing for 288-unit student housing portfolio in Fort Collins, Colorado (12)
• Landmark Properties to develop 678-bed student housing at Purdue University with 18,234 sqft and modern amenities (13)
• Jackson State University secures $5.9 million housing expansion with 173 new rooms, plus $51.8 million SodexoMAGIC deal (14)
• Vesper Holdings acquires 649-bed student housing community, The Lex, near University of Kentucky (15)

Australia

• Sydney Arts Academy faces ‘Existential Risk’ as UNSW plans to replace car park with 900-bed student hub (16)

Europe

• Schwarzat Capital receives building permit for 13 student apartments and 3 commercial units in Leipzig, Germany (17)
• Ponferrada celebrates opening of La Tebaida student residence with €3M investment for 70 students (18)
• Sa Vinyeta designated as Menorca's first student residence for the 2024/25 Academic Year in Ciutadella, Spain (19)
• Proprium Capital partners invests USD 100 million in Italian student housing, expanding to Milan and Padua with 1,600 new beds (20)

Canada

• Western University to open 1,000 new student beds as planned for September 2026 despite provincial acceleration (21)
• Atlantic School of Theology completes student housing renovation adding 37 beds, accommodates 103 students in Halifax, Nova Scotia (22)

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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))

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