Real estate asset and fund manager Curlew Capital has hired Andrew Davis as senior development manager.
Clients of Aberdeen Standard Investments have acquired Clarendon Quarter, a 324-unit residential scheme just outside of Leeds city centre, from Habitus Leeds.
The deal marks the UK’s largest stabilised transaction, for institutional grade, purpose-built accommodation and the first in Leeds.
The scheme comprises the former St Michael’s School (The Court) and a new build block (The Gardens), with a BREEAM rating of Very Good …
Sinn Féin has brought forward legislation to ban the practice of allowing “co-living” arrangements.
The party’s housing spokesman Eoin Ó Broin said changes in the planning laws introduced by former minister for housing Eoghan Murphy in 2018 had allowed developers build co-living forms of housing.
“It is not a solution to the crisis in terms of he availability of affordable accommodation for young people in our cities,” he said …
The Higher Education Policy Institute has published a new report on the burgeoning student accommodation sector.
Student Accommodation: The Facts (HEPI Analytical Paper 2) by Sarah Jones and Martin Blakey shows 1.2 million students rent their housing, split between university-provided accommodation (28%), private purpose-built student accommodation (27%) and shared student houses (45%).
The report explains:
- how student accommodation has changed since previous generations of students were at university;
- how current regulations add cost without stopping the most pressing challenges; and
- how to make accommodation more responsive to the needs of students …
University of London (Uol) students now have the ability to choose, secure and pay for their home for the academic year using an app which gives access to available private rented accommodation in thousands of properties across the city.
Working with SPCE – a real estate-oriented software / data company, which supports non-profit and public sector organisations in delivering transformative housing products, UoL’s Housing Services team will be launching a free app based platform which allows landlords to advertise rooms, flats and houses to its student cohort. Students will be able to search the app for their requirements, and communicate directly with their landlord for the duration of their tenancy, in a secure, transparent, non-physical environment. Repairs, complaints, end of tenancy queries, deposits and rent payments can be recorded and dealt with in one digital location.
The University of London Housing Services team serves 184,000 students across 16 UoL member institutions and 9 external partner HE facilities. With 63% of that student body living in private rented accommodation, it’s hoped that 115,000 people will have access to the new app, which almost doubles the use figure of 60,000 for the previous, less digitally accessible solution. Users will have access to over 600 private landlords, 30+ estate agents and over 30 providers of purpose-built student accommodation …
Financial close has been achieved on a £100m+ student accommodation scheme for Kingston University in south west London
Kingston Student Living (KSL) has successfully achieved financial close on a £100m+ student accommodation project for Kingston University in south west London.
KSL comprises Equitix and ENGIE …
For years, Unite has been welcoming thousands of students through our doors. For many it’s often the first time they’ve ventured into the world of independent and shared living.
Living with a group of strangers is something most students will never have done before, and in the light of Covid-19 the uncertainties and concerns about shared living are likely to be magnified.
With this in mind, it felt like the right time to formalise the guidance we usually give on an informal basis, and an opportunity to confirm our own commitment of support. This led to the introduction of the Home Charter, a set of principles and expected behaviours which add up to a culture of supportive community …
According the latest bookings data from student accommodation provider Host, UK students are proving increasingly intent on starting university life in September in spite of the disruption caused by coronavirus.
This upturn supports separate data recently released by Universities and Colleges Admissions Service (UCAS) that revealed that applications for university courses from UK-domiciled 18-year-olds were up 2.6 per cent, with the number of students deferring falling by 4.1 per cent, from 14,230 to 13,640 …
Many students attending university for the first time this year are in the dark over when their higher education will begin and how much, if any, of it will be done in person or virtually.
The student-housing market has inevitably been hit by the Covid pandemic, with many students deferring or planning to stay at home in the near term. But the adverse impact on student housing might not be as dire as it has been on other property types – rental income on retail and hotels assets has been the clearest victim.
Samuel Vetrak, the CEO of student-housing research firm Bonard, has talked to about 80 different stakeholders, including operators, in Europe, the Americas and Asia-Pacific, and the information gathered suggests that premises are about 70-75% occupied. “This is mainly due to the fact that the high proportion of international students who would have returned back home stayed in the primary premises.” …
Thirteen universities face “a very real prospect” of insolvency following the coronavirus crisis unless they receive a government bailout, a study suggests.
High-ranking universities with large numbers of international students face the largest immediate drop in income, says the Institute for Fiscal Studies.
But the least prestigious universities are at the greatest risk, says the IFS …