£850m student housing JV set to be formed Nov 10, 2021 Canada Pension Plan Investment Board (CPP Investments) and Round Hill Capital have formed a €1bn European student accommodation investment partnership. CPP Investments, the investment arm of the Canada Pension Plan, is allocating an initial €475m of equity to the venture which will invest in standing assets and developments across PBSA markets in Continental Europe. By […] Posted by: Nathan Spencer Read more
11-PBSA units totalling 4,500 beds sold in £306m deal Mar 8, 2022 Unite Students has disposed of an 11-strong property portfolio – comprising 4,488 beds – for £306m, with the company’s share sitting at £236m. The deal – struck with an affiliate of Lone Star Funds – includes assets in Sheffield (1,700 beds), Reading (703 beds), Leicester (665 beds), Bedford (517 beds), Liverpool (390 beds), Birmingham (337 beds), […] Posted by: Nathan Spencer Read more
14-hectare science and innovation park planned by Legal & General and University of Oxford Jul 22, 2021 Legal & General is to fund and deliver a new innovation district with the University of Oxford, extending the existing Begbroke Science Park across an adjacent 14-hectare site. The first phase of the scheme will bring forward new teaching facilities for the universities Mathematical, Physical and Life Sciences departments, as well as providing space to […] Posted by: Nathan Spencer Read more
Aldermore providers £15m loan Pickard Properties for PBSA project Jan 10, 2022 Aldermore Bank has provided Carlton Hill Holdings Limited, a subsidiary of the Pickard Properties Group, with a £15.3m loan which will be used to refinance an existing loan and to raise additional capital, to assist in the development of a large student accommodation block in Leeds. The loan is made up of a ten-year, part […] Posted by: Nathan Spencer Read more
Arden Cross unveils major medtech campus plans at HS2 site Sep 29, 2022 Arden Cross Ltd has signed a Memorandum of Understanding (MOU) with both University Hospitals Birmingham (UHB) and the University of Warwick to explore opportunities for creating a new Medical & Technology Campus to deliver world-beating innovation in healthcare as part of the £3.2 billion Arden Cross development. This crucial next step in bringing the Arden […] Posted by: Nathan Spencer Read more
Barrow Learning Quarter: Contractor sought to build Cumbrian campus Jul 10, 2023 A successful contractor will create a university campus, the town’s first, on a 2.76-hectare site beside BAE Systems’ existing Submarines Academy for Skills and Knowledge. The multi-million pound campus project is the centre piece of the Barrow Learning Quarter (BLQ), one of the #BrilliantBarrow Town Deal projects backed by government funding. Together with upgraded facilities at Furness […] Posted by: Mya Driver Read more
BioQuarter opens bidding for private sector partner for £1bn transformation project Nov 10, 2021 Edinburgh BioQuarter has formally launched its public procurement process for a private sector partner. The opportunity to create a £1billion (estimated gross development value) health innovation district which will create jobs, homes, and a community for thousands of people in Edinburgh has attracted interest from parties around the world. BioQuarter, which sits just three miles […] Posted by: Nathan Spencer Read more
Cain and Fusion form £1.5bn PBSA joint venture Feb 10, 2022 Cain International (‘Cain’), the privately held investment firm operating in the United States and Europe, has established a new joint venture with leading student accommodation developer, Fusion Students (‘Fusion’), to invest in Purpose Built Student Accommodation (‘PBSA’) across popular UK university cities. The joint venture partners already have assets under exclusivity in Portsmouth, Liverpool, Manchester, […] Posted by: Nathan Spencer Read more
Carter Jonas Achieves Planning Consent for the Perse School in Cambridge Oct 21, 2022 National property consultancy Carter Jonas has secured planning consent on behalf of the Perse Upper School for a substantial new sports centre which will include a swimming pool, sports hall, climbing wall and changing village, together with associated car and cycle parking and landscaping. Consent was awarded by Cambridge City Council on 5 October 2022. […] Posted by: Nathan Spencer Read more
Cassidy Group bring forward latest PBSA project Feb 16, 2022 New plans have emerged from developer Cassidy for a new student accommodation scheme in the Lenton area of Nottingham. The development, designed by Maber, would sit close to the University of Nottingham’s Jubilee Campus at 2a Triumph Road. The site currently include a terrace of single storey retail units which front onto Triumph Road, occupied […] Posted by: Nathan Spencer Read more
Council seeks partner to help transform Tyisha Jul 20, 2023 Carmarthenshire County Council is set to take the next exciting step in their ambitious plans to transform the Tyisha area of Llanelli with the search for a partner to re-develop several sites in the area. A formal Prior Information Notice (PIN) is now live, hosted by Sell2Wales. This provides information on the Council’s vision for […] Posted by: Mya Driver Read more
Film and pharmacy students benefit from £4.4m refurbishment at University of Wolverhampton Dec 20, 2021 National fit-out and refurbishment specialist contractor, Willmott Dixon Interiors has completed the £4.4 million refurbishment of two buildings at the University of Wolverhampton. The 17-week project has delivered enhanced facilities and more than 32,000 sq ft of modern teaching space at the Wulfruna Building and Alan Turing Building at the university’s city campus on Wulfruna […] Posted by: Nathan Spencer Read more
