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

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 19- July 26

United Kingdom

• Unite Group raises £450M to accelerate delivery of new student accommodation across UK (1)
• Newcastle University’s Castle Leazes to deliver 2,011 student beds and new amenities, with £250M redevelopment (2)
• Newcastle PBSA scheme approved for 126 studio flats to support 4,000 additional Keele University students by 2027 (3)
• Unite Students acquires London’s Kings Place featuring 444-bed PBSA set for AY 2027 (4)
• Plans submitted for 356-bed student accommodation and food hall on Glasgow's Sauchiehall Street (5)
• HUB has secured planning for a 65-bed PBSA on Dunedin Street, Edinburgh, with advanced rooms and a biodiverse roof terrace (6)
• TJ Morris proposes 250-bed student accommodation in Liverpool’s Brownlow Ward with retail space on ground floor (7)
• Cloud Student Homes launches Rochester Student Village, and affordable PBSA apartments in Medway, England (8)
• Urbanest partners with JLL to enhance sustainability strategy for London student beds and future developments (9)
• Tottenham Hotspur secures approval for 25 studio flats, including 9 affordable units, on Tottenham High Road, London (10)
• Nottingham approves Finley House, featuring 81-bed student accommodation with studios and Cluster flats on Pemberton Street, Nottingham (11)

United States of America

• Walker & Dunlop secures $285.5M refinancing for Temple University student housing in Philadelphia (12)
• Core Spaces and Schenk Realty plan 800-bed student housing development near University of Tennessee in Knoxville (13)

Australia

• Perth's Crawley to welcome $30 million student accommodation project, featuring 199 units (14)

Europe

• Proprium and Collegiate invest $100M to develop 1,600-bed student accommodation in Milan and Padua, Italy (15)
• Fiera provides €19.15M loan for Amro Valencia Puerto, 221-bed energy-efficient student housing in Spain (16)
• Guadalajara City Council seeks to convert Old Courts into 4,000-bed university residence for New Campus in Spain (17)
• Xior Student Housing NV to acquire two PBSA residences with 670 units and 1,053 beds in Lisbon and Kraków for €80M (18)
• León to build new premium student residence with 119 rooms for 122 residents by 2026 (19)

Canada

• Campus Suites completes 554 beds student housing project 'Align' at 2537 Pembina Hwy in Winnipeg; set to open for occupancy by July (20)
• NSCC opens on-campus housing for 150 students, plans additional residences with investments of $40.2M at Pictou and Akerley campuses (21)
• York University plans phase 3 of The Quad Student Residence in Toronto, adding 579 units in campus, set to open September 2026 (22)
• University of New Brunswick partners with SpacesShared for home-sharing initiative to address housing affordability crisis (23)

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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))