Amber Beat: Global Student Accommodation Market News - July 2024, Week 03

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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 12- July 18

United Kingdom

• UWE Bristol completes UK's largest low-carbon student accommodation ‘Purdown View’, featuring 900 bedrooms and Passivhaus Certification (1)
• MRP proposes £80M student accommodation scheme in Belfast, demolishing 895 units for redevelopment (2)
• Student Roost completes Belfast’s largest PBSA ‘Nelson Place’, featuring 774 luxury rooms and sports centre (3)
• Vita plans expansion with 750 new student beds at Manchester's First Street, doubling presence to 1,600 beds (4)
• Pinnacle Group secures deal with HOCHTIEF for 700-bed student village, expanding its portfolio in stoke-on-trent (5)
• GRAHAM tops out iQ’s Bath Street PBSA Development, adding 551 student apartments to Glasgow’s supply (6)
• Former Bank of England in Southampton Nears Completion of £12M transformation into 121 Student Flats (7)
• Edinburgh Council considers demolition of offices for 382 student homes amid housing crisis (8)
• QIP and Gamuda announce £100M JV to develop 299-bed PBSA in London, marking QIP's largest single asset transaction, expected to launch in 2026 (9)
• Morston House in Newcastle to become 126 student flats, backed by Keele University for growth and expansion plans (10)
• Revised Nottingham student accommodation plans Near approval with reduced height and 81 units (11)
• Plans for 46-unit student accommodation development submitted in Sunderland City Centre (12)

United States of America

• Construction begins on $110 million Axis Student Housing Project in Fayetteville,North Carolina, set to open in Fall 2026 (13)
• Inland and University Partners form strategic relationship to manage 8,014 student beds across 17 properties in $12M expansion (14)
• Up Campus Student Living, Palmor Capital, BridgeInvest and Sabal Investment Holdings acquire Boathouse in DC's Foggy Bottom for $67.5M, adding 281 beds to Student housing market (15)
• Endeavor Real Estate Group launches student housing platform, targeting initial $4.1 billion development portfolio (16)
• UC San Diego plans $2 billion expansion for 6,000 new student beds to address housing shortage (17)
• Orange County approves 3 new student housing developments Near UCF in Orlando, adding 3,621 bedrooms to meet growing demand (18)

Australia

• Adelaide's Skyline set for transformation with 40 approved projects, adding 1,800 apartments and 300 student units (19)
• SA government extends submission deadline on transforming Crown & Anchor Hotel heritage into 19-storey student housing project in Adelaide (20)

Europe

• Grupo Moraval to open five student residences across Spain, adding 1,239 accommodation places by September (21)
• New multifunctional student residence and Hotel Complex to open in Gdańsk, Poland, offering 100 hotel rooms and 392 academic rooms by Collegia Group (22)
• Munich's Largest Residential Project "The Fizz" to provide 337 student apartments and 75 daycare places by Summer 2025 (23)
• Leiden University advances 285 student studios in Oegstgeest, Netherlands with DUWO Partnership, construction to start in 2025 (24)
• Nemea Group opens Stud'Marine student residence in La Rochelle, France, adding 148 modern apartments to ease housing shortage (25)
• Former NISF Building in Bolzano, Italy, to become student residence and office space, housing 60 students, says Regional Government (26)

Canada

• SFU to add 445 student beds and 160 childcare spaces with $187.6M funding boost in British Colombia, set to open in 2027 (27)
• B.C. government invests $152M in Camosun College’s 423-bed student housing building at Lansdowne campus; set to open fall 2027 (28)
• Immo Alliances acquires a five-storey building at 1434 Sainte-Catherine Street West for $11.15M to convert into 60 student apartments in Montreal (29)

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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), (29))