Mapletree to buy UK PBSA assets
UK: Singaporean investor Mapletree Investments his set to purchase four Vita Student residences from Vita Group for more than £165 million.
UK: Singaporean investor Mapletree Investments his set to purchase four Vita Student residences from Vita Group for more than £165 million.
UK: Godwin Developments’ plans to convert the former Royal Mail sorting office in Nottingham into a 692-bed student block has been given the green light, subject to clarification of further design details.
UK: Southern Grove has revealed plans for a £55 million mixed-use student PBSA project in Hackney Wick.
Portugal: Student and coliving group BigCity and Reditum Capital have agreed joint venture funding for the development of a PBSA project in Porto.
Germany: TPG Real Estate Partners and Round Hill Capital have invested €68 million in German student accommodation.
UK: Student living firm Scape and investment group APG have agreed a £500 million joint venture that will develop and operate student accommodation schemes.
UK: DLA Architecture has been appointed to design a £270 million mixed-use development on the site of the former International Swimming Pool at Lisbon Street in Leeds city centre.
UK: Companies that own two PBSA schemes which were formerly valued at £35 million have been placed in to administration.
US: Singapore-listed Ascott Residence Trust has made its first foray into the US student housing market with the acquisition of an Atlanta property for $95 million.
UK: Barings has made its first European PBSA investment in a £43.8 million deal to forward fund the development assets in London and Manchester.