The Student Hotel secures 82M euros in green financing for Toulouse and Paris
The Student Hotel (TSH) has secured 82M euros for it’s two hotel projects in Paris and Toulouse …
Student accommodation: mind the gaps
“It is a truth universally acknowledged that education accommodation, whether of residential or academic provision, must be in need of being ready in time for the start of an academic year.”
Some things have that inevitability about them and, while social mores have changed in the past 200 years since Jane Austen’s infamous opening sentence of Pride and Prejudice as para-phrased above, universities know the importance of key buildings being ready on time for the start of an academic year and the havoc that can ensue if the development goes awry and is delivered late …
Building for Tomorrow, Today
Investment in sustainable Purpose-Built Student Accommodation (PBSA) has long been held back by the need to show a return on investment over a relatively short period of time. While there are exceptions, it is clear that emerging challenges facing the PBSA sector could soon force a re-think in the way the sector approaches sustainability.
This report reviews evidence around the costs and benefits of sustainable or ‘green’ buildings, whilst considering advances in Internet of Things (IoT) technology and building data analytics to assess potential opportunities with the unique challenges experienced by the PBSA sector. Our research has been undertaken with the understanding that demonstrating a return on investment within the sector is as important as mitigating the environmental impacts of a building …
Far East Orchard buys two student accommodation properties in Leeds and Sheffield for £66.5m
FAR East Orchard Limited has acquired two freehold student accommodation properties in Leeds and Sheffield, United Kingdom, with a total of 974 beds for £66.5 million (about S$115.7 million).
Together with the 622 beds in Bristol and Liverpool acquired in March this year, Far East Orchard now has a portfolio of 3,260 purpose-built student accommodation (PBSA) beds across 11 properties in the UK – surpassing the group’s target to grow its PBSA portfolio to 3,000 beds by 2023.
The newly acquired properties are The Foundry in Leeds with 239 beds and The Elements in Sheffield with 735 beds. Both properties have been operating at full occupancy since opening in 2017 and 2018 respectively, benefiting from their proximity to university campuses and the city centre …
TigerLime attend Class2020 Conference in Berlin
We attended the Class2020 Conference in Berlin, that brought together the worlds’ leading players in the student & co-living sectors.
Creating a sustainable, profitable future for PBSA
Investment in sustainable Purpose-Built Student Accommodation (PBSA) has long been held back by the need to show a return on investment over a relatively short period of time. While there are exceptions, it is clear that emerging challenges facing the PBSA sector could soon force a re-think in the way the sector approaches sustainability …
The Class of 2020 Trend Report
Our research programme has had and continues to have a strong focus on understanding student housing markets globally. As learning and working pathways are no longer linear, our role in exploring the living journey beyond graduation continues. Building on drastically shifting lifestyle preferences, The Class of 2020 seeks to understand new models for living, working and learning spaces and how they shape the future of university-cities …
Hundreds of student flats on Moulsecoomb waste site approved
Plans for almost 400 more student flats at a site in Brighton have been approved despite concerns about more pressure on parking.
The developer McLaren wants to put up a seven-storey building with 373 student bedrooms on a waste recycling site at the bottom of Moulsecoomb Way on the corner of Lewes Road.
It also wants to demolish St Francis of Assisi Church and replace it with a new church and community space …
CMA Approval for Liberty Living Acquisition by UNITE
The Unite Group plc, one of the UK’s leading owners, managers and developers of student accommodation, is pleased to announce that the UK Competition and Markets Authority (the ‘CMA’) has unconditionally approved the Company’s acquisition of Liberty Living Group plc (‘Liberty Living’) for total consideration of £1.4 billion from Liberty Living Holdings Inc. (‘CPPIB Holdco’), a wholly owned subsidiary of Canada Pension Plan Investment Board (the ‘Acquisition’).
Following the CMA’s approval, completion of the Acquisition is expected to occur at the end of November 2019, subject to satisfaction of the remaining conditions. Subject to completion, approximately 72.6 million consideration shares (the ‘Consideration Shares’) will be issued to CPPIB Holdco by Unite in connection with the Acquisition representing 20% of Unite’s enlarged share capital (the ‘Enlarged Group’). Applications will be made to the Financial Conduct Authority and to the London Stock Exchange for admission of the Consideration Shares. It is expected that admission of the Consideration Shares will become effective at 8.00 a.m. on the business day following completion.
The Company will publish a prospectus in relation to the admission of the Consideration Shares (the ‘Prospectus’), which will be filed with the FCA and made available to the public in accordance with the Prospectus Regulation Rules. The Company expects to publish the Prospectus in due course …
Students with mental health condition more likely to ‘drop out’ – OfS
Students who report a mental health condition are less likely to succeed in higher education than their peers, new analysis by the Office for Students has revealed.
Those affected are more likely to drop out and less likely to achieve a first or 2:1. Students with a mental health condition are also statistically less likely to progress to skilled work or further study after graduation, the university regulator added.
The announcement came after the release of the Office for Students’ (OfS) new Insights brief, ‘Mental health: Are all students being properly supported?’, which highlights the inequality faced by those with a mental health condition …