Amber Beat: Global Student Accommodation Market News -September 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 September 05-12

United Kingdom

• Edinburgh's New Town development to shift 580 Build-to-Rent Homes to student accommodation, adding 80 residential units (Source)
• UK's Mercia Real Estate secures £32.5M for 411-bed student accommodation project in Edgbaston, Birmingham, set for completion by 2026 (Source)
• Collegiate UK's Nova PBSA to offer luxury living with 437 beds, and prime university proximity in Nottingham (Source)
• Manner tops out 369 PBSA bed in Leeds including amenities and retail space, set to open for 2025-26 academic year (Source)
• Atelier Provides £30.8m loan for Torsion's 205-bed PBSA development in Leeds, set for completion by October 2026 (Source)
• Developer Cassidy lists Nottingham's Chainey Place Site for £3.9m with plans for 122 apartments or 245 student beds (Source)
• Watkin Jones tops out 260-bed PBSA Development in Bristol featuring 219 ensuite cluster rooms and 41 studios, set for completion by 2025 (Source)
• Glasgow's Archaos Nightclub to be replaced by 14-Storey, 197-bed student flats amid housing shortage (Source)
• Cambridge Council approves redevelopment plan of Former Piano Shop into 26 student rooms and restaurant on Regent Street (Source)
• Soller Group Submits Plans to convert former bank into 20 student flats with commercial space on Oxford Road, Manchester (Source)

• Edinburgh's New Town development to shift 580 Build-to-Rent Homes to student accommodation, adding 80 residential units (Source)
• Collegiate UK's Nova PBSA to offer luxury living with 437 beds, and prime university proximity in Nottingham (Source)
• Manner tops out 369 PBSA bed in Leeds including amenities and retail space, set to open for 2025-26 academic year (Source)
• Atelier Provides £30.8m loan for Torsion's 205-bed PBSA development in Leeds, set for completion by October 2026 (Source)
• Developer Cassidy lists Nottingham's Chainey Place Site for £3.9m with plans for 122 apartments or 245 student beds (Source)
• Watkin Jones tops out 260-bed PBSA Development in Bristol featuring 219 ensuite cluster rooms and 41 studios, set for completion by 2025 (Source)
• Glasgow's Archaos Nightclub to be replaced by 14-Storey, 197-bed student flats amid housing shortage (Source)
• Cambridge Council approves redevelopment plan of Former Piano Shop into 26 student rooms and restaurant on Regent Street (Source)
• Soller Group Submits Plans to convert former bank into 20 student flats with commercial space on Oxford Road, Manchester (Source)

United States of America

• Core Spaces completes six new student housing projects totaling 4,549 beds across the U.S., including Hub Bancroft and The Pier, ready for the 2024-2025 school year (Source)
• Deven Group targets $1B student housing portfolio near Tier I universities, with projects set to expand over the next three years (Source)
• Joint venture secures $73.3M loan for “The Hall” student housing project at Florida State University, featuring 191 units and 674 beds (Source)
• NYU acquires 13-story dormitory at 35 Cooper Square, NoHo for $69.2M, featuring 56 units (Source)
• ASU to invest in new student housing with 552 beds across two complexes on Forest Avenue and South University Drive (Source)
• Fresno State to invest $53.7M in first new student housing project since 1968, adding 228 beds with 1-4 bedroom units at Shaw and Cedar avenues; completion targeted for summer 2026 (Source)
• CBRE arranges sale of ‘The Trails’, an 85-unit build-to-rent community at 19111 Grand Ave., Elkhorn, Nebraska; completed in 2024 (Source)
• CRG delivers Chapter Madison and Chapter Eugene, adding 534 and 302 beds respectively, near University of Wisconsin-Madison and University of Oregon (Source)
• University of Utah partners with American Campus Communities for $155M, 1,450-bed student housing project on campus (Source)
• Developers convert Austin Place Apartments into ‘3220 North’ student housing on North Street; expected to open by August (Source)
• Titan Development proposes 14-story, 175,000-square-foot student housing project in downtown Rochester, featuring 200+ units (Source)
• Elev and Five Oaks launch $1.2M student housing project The Hive in Edmonton, featuring 120 units, ready for move-in by October 2024 (Source)
• P.B. Bell and Everest Holdings debut ‘Marketside Villas’ at Verrado in Buckeye, featuring 1-3 bedroom units and clubhouse amenities (Source)

Australia

• Fresno State plans construction on a new affordable student housing project, marking the university's first major housing initiative since 1968 (Source)

Europe

• University of Genoa to add 700 student beds by 2025 with €15M investment in Italy, addressing accommodation shortage (Source)
• Medinvest and King Street to build Zaragoza's largest student residence with 670 beds on 10,881 sqm plot, set to open by 2026 (Source)
• Student Experience Granada unveils 520-studio residence in Spain with BREEAM Excellent Certification and eco-friendly features (Source)
• Elkstone and Harrison Street to develop 345-bed student accommodation in Galway, Ireland, with completion set for 2026 (Source)
• France's La Rochelle begins construction on 188-unit student and Youth Housing Project with €6.5M investment (Source)
• BeLive's 77-bed student residence in Zaragoza delayed until January; expansion planned across Spain, Portugal, and other continents (Source)

Canada

• Dalhousie University’s new housing to accommodate around 200 students, bringing the university closer to fulfilling its funding agreement with the province (Source)