Developers of purpose-built student accommodation (PBSA) are enjoying higher returns compared to those specialising in prime residential homes, driven by high demand for hostel space in the city.
In addition to the traditional residential, commercial, and hospitality asset classes the consumer demand and consumption patterns are constantly changing, to bring in the development of new alternative asset classes which is emerging as student housing industry in India.
Early talks have looked at potentially building a similar number at the university's Carlow campus, formerly known as the Institute of Technology Carlow.
Plans have been announced for the redevelopment of the former Marks and Spencer store on Sauchiehall Street.
Bevan Slattery-founded internet infrastructure provider Superloop (ASX: SLC) has seized on the post-COVID recovery of Australia’s tertiary education sector by penning a deal of up to $50 million for VostroNet Holdings, a specialist student accommodation broadband provider.
Tristan Capital Partners’ CCP 5 Fund along with its joint venture partner, Bricks Group, has acquired a 999-bed purpose-built student accommodation asset in the city of Liverpool from Aura Investors LLP for £110 million.
ICO Group of Companies has put a shuttered hotel in Downtown L.A. up for sale, The Real Deal has learned. An entity linked to the L.A.-based investment firm is listing the 294-key Mayfair hotel at 1256 West 7th Street for $69.
UBS Asset Management’s Real Estate & Private Markets business (REPM) is forward funding a 367-bed, purpose-built student accommodation (PBSA) as part of its UK core real estate investment strategy. The manager said it has committed £64.