June 8, 2021

Industry News | 06/21

Higher education, student mobility, and student housing industry news from June 2021.

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June 8

  • Council rejects 28-storey Manchester student resi tower over ‘poor quality cladding’. The 550-bedroom scheme for developer Fusion Students would have included a gym, cinema, karaoke room and study spaces. [Building]

June 7

  • Student accommodation provider, Student Roost and innovative hybrid agency, Accommodation.co.uk have teamed up to create a ‘revolutionary’ booking process for university students. [Property Investor Today]
  • Empiric Student Property, UK PBSA operator, sees rentals rise even with lockdown learning. Applications from China have spiked by 21%. [City A.M.]

June 6

  • U.Hub advances with new 498 bed student residence in Lumiar. The operator has an ongoing investment plan of 60 million euros in Lisbon and Porto. U.Hub Investments is led by Jaime Antunes, Hugo Gonçalves Pereira and asset manager ATRIUM. It established an agreement with the Belgian group Xior, covering the entire portfolio of residences in Portugal, a deal closed in 2019 for 130 million euros. [(Re)Portugal]

June 4

  • Providers push for UK quarantine alternatives amid capacity concerns [The PIE News]
  • Hines wins tender for new regeneration project in Milan. One area will be dedicated to purpose-built accommodation for students and young professionals, with 1,100 beds, operated by CampusX [Real Asset Insight]

June 3

  • UK student accommodation provider London Nest has launched a new careers service for international students and young professionals. [StudyTravel]
  • Demand for UK accommodation from international students remains sluggish [Property Week]
  • Irish Minister for Higher Education Simon Harris has said rules around upfront rents for purpose built student accommodation are to be changed. [News Talk]
  • CRM Students expands to Italy, with the help of their new Italian Head of Operations Christiano Della Noce. [CRM Students]
  • Xior welcomes Marieke Bax as new director to further strengthen their presence in the Dutch market, which currently represents more than 50% of the portfolio. [Xior Student Housing]
  • The natural and most popular options open for students transitioning from halls is either Co-living or Build to Rent writes Travis Knipe, StarRez CEO [BTR News]

June 2

  • The PBSA sector must adjust to students’ needs in the post-Covid landscape [Property Reporter]
  • Find out how The Stay Club assists in building a community among their residents, how this has been affected by COVID, and how they have been able to meet each resident’s unique demands – Join the call with ASK4’s Adam Newton [ASK4]

June 1

  • “Generation rent is here to stay as tenants want flexibility” says Adina David, Director of Urban Living, Greystar [Real Asset Insight]
  • CampusX open new Milan hub as Italy’s PBSA market booms [Real Asset Insight]
  • International real estate advisor, Savills, will be responsible for marketing the Wave Campus, a student residence near NOVA University’s Faculty of Science and Technology Lisbon, which will be home to around 330 students. [Savills]

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