Amber Beat: Global Student Accommodation Market News - July 2024, Week 02

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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 July 05- July 11

United Kingdom

• Newcastle University and Unite Students propose 2,011-room student accommodation at Castle Leazes, amidst the housing demand (1)
• HG Construction wins contract for 37-storey Manchester Student Tower to house 1,014 students, completion expected by 2028 (2)
• Fiera completes £77M financing for YourTRIBE student housing, supporting 517 beds across two sites in south east London (3)
• University College Birmingham plans to redevelop campus with over 1,200 student units in 35-storey and 15-storey blocks (4)
• StudioHIVE unveils massive Bristol Regeneration Project with 706 student beds, offices, and homes near Temple Meads Station by 2029 (5)
• Jerroms secures £15M loan for The Pinnacles PBSA refurbishment in Sheffield, enhancing 600-bed accommodation (6)
• Durham's Prince Bishops Shopping Centre to transform with hotel and 408 student beds amid redevelopment plans (7)
• Invesco Real Estate partners with Alumno Group to develop 261-bed student housing in Manchester, set to be completed in 2026 (8)
• Southampton approves conversion of historic Dolphin Hotel into 99 student flats amid resident concerns over heritage and overcrowding (9)
• Historic Hanover House in Bristol to be converted into student flats for 25 students backed by £5.38 million funding, amidst severe shortage (10)
• Edinburgh's Pitt Street site shifts focus to student flats, redirecting plans from 98 homes to accommodate 80 students (11)
• Glasgow’s 551-apartment student accommodation project tops out at 36 metres,marking major milestone in addressing city’s housing shortage (12)

United States of America

• Core Spaces and RD Management to develop 1,300 student housing beds near University of South Florida in Tampa's Uptown District (13)
• Investcorp acquires two student housing properties, including UT Austin Facility, totaling 914 beds for $160 million in Austin (14)
• Signet Real Estate Group breaks ground on MODA Clemson, a 159-unit student housing project near Clemson University, to be started in 2026 (15)

Australia

• Scape expands its portfolio with two new PBSA properties, adding 500 beds in Melbourne's CBD admist housing crisis (16)
• HS Optimus signs MOU with Fathom Developments to develop a purpose-built student accommodation at 23-31 Lincoln Square South, Carlton (17)

Europe

• Nodis Sevilla opens as Spain's largest technologically advanced student residence, tempts Investors with over 1,100 beds; expected to open in September 2024 (18)
• XIOR acquires ‘LivinnX Student Housing’ in Krakow, featuring 673 beds and premium amenities (19)
• Speedwell makes debut in Warsaw student housing market with 600-bed PBSA Project in Mokotów District in Poland (20)
• Bolzano to construct new €40 million student residence for medical faculty, hosting 200 students in Italy (21)
• Student Factory opens cutting-edge residence Toulouse-Stadium with 171 apartments, catering to modern student living in France (22)
• Former Marie Claire Factory transformed into student residence in Castelló, offering 167 rooms for AY 2024-25 (23)

Canada

• College of the Rockies and Happipad collaborate to develop 100-bed student housing complex; providing affordable housing solutions in Cranbrook (24)
• Okanagan College to introduce 101-bed student housing complex on Penticton Campus in British Columbia by Fall 2026 (25)
• Northern Lakes College to launch student housing development in High Prairie, Alberta, set to accommodate students by fall 2025 (26)

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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))