Market Monitor Digest (Week 21/2025)

It's our pleasure to be your go-to for the week’s key industry news. Thanks to the information collected by the BONARD Market Monitor team, you can now keep your finger on the industry pulse.

May 23, 2025 BONARD Market Monitor team

Student Housing & Co-Living

US: Global Student Accommodation secures $500 million refinancing with Wells Fargo 

By CityBiz, May 22, 2025

Global Student Accommodation, the global leader in student housing, today announces the successful closing of a $500 million senior loan facility with Wells Fargo Bank, N.A., one of the world’s leading financial institutions. The transaction strengthens the existing relationship between GSA and Wells Fargo and signals the continued demand amongst lenders for the S. student housing sector.

Read more (citybiz.co)

Canada, Burnaby: Construction underway on new student residence building and child care at SFU 

By Simon Fraser University, May 21, 2025

The phase 3 residence development features an eight-storey residence building that will accommodate 445 upper-year students and a 160-space child-care centre, and will further enhance the university’s sense of community and belonging when it opens its doors in fall 2027.

Read more (sfu.ca)

Ireland, Dublin and Galway: Student blocks in Dublin and Galway hit the market with €115 million price tag as investment rebounds

By Irish Independent, May 21, 2025

Two student accommodation complexes in Dublin and Galway are being sold by US investment manager EQT Real Estate. Selling agent Cushman and Wakefield is quoting a guide price in excess of €115 million for the pair known as Project Galaxy.

Read More (independent.ie)

UK, Glasgow: "Final piece of the jigsaw": Council approves £95 million Collegelands new homes and student accommodation plan

By Glasgow World, May 21, 2025

Almost 600 student beds, nearly 150 flats and a new park are sent to be created in Calton after planning permission was secured.

Read More (glasgowworld.com)

UK, Nottingham: Plans for transformation of Nottingham factory and snooker club that area 'desperately needs' 

By NottinghamshireLive, May 19, 2025

Plans have been revealed for the transformation of a Nottingham factory and snooker club that a city area "desperately needs". Developer Abode has asked Nottingham City Council to turn a former factory on Denman Street East, Radford, into a 205-bedroom student accommodation block.

Read More (nottinghampost.com)

Built-to-Rent

Germany: Trei Real Estate secures permit for €50 million Munich residential scheme

By Europe-re, May 19, 2025

In a significant move for Munich's residential market, Trei Real Estate has secured the building permit for its €50 million Weyprechthof project located on Max-Liebermann-Strasse in northern Munich. The development will transform a former beer garden site into 82 rental apartments spanning approximately 4,400 m² of dwelling space, complemented by ground-floor gastronomy units and an outdoor beer garden.

Read More (europe-re.com)

The Netherlands: Koopmans buys location in Ewijk for 150 homes

By Property NL, May 19, 2025

Together with the Municipality of Beuningen, in cooperation with Koopmans Bouwgroepconstruction of the new sustainable residential area Hoge Woerdn is being built. Koopmans is developing the area and is building a total of 150 homes. In addition to 34 affordable homes for starters and 75 private sector homes, there will also be 41 homes for social rent.

Read More (propertynl.com)

UK: Crown Estate signs development JV with Lendlease which could deliver 26,000 homes

By Housing Today, May 19, 2025

The Crown Estate is buying a 50% share in six Lendlease projects in the UK including the Australian developer’s schemes at Euston station in London and Birmingham’s Smithfield Market.The joint venture between the King’s property company and the Sydney-based firm, which earlier this year sold its UK construction business to private equity which has since renamed it Bovis, could create up to 26,000 new homes.

Read More (housingtoday.co.uk)

Spain: Barcelona and 14 other cities ask Brussels for 300,000 million in housing

By EjePrime, May 15, 2025

Barcelona and 14 other cities need an investment of 80 billion euro for the construction of 200,000 affordable homes.

Read More (ejeprime.com)

Senior Living

US: Shelby council gives green light for senior housing project.

By The Star, May 17, 2025

Shelby City Council approved a special use permit last week for the development of a senior housing project on Grover Street. The proposal is to build 56 senior apartments.

Read More (eu.shelbystar.com)

US: Lexington affordable senior housing complex renovated with state, local funding

By Lexington Herald Leader, May 16, 2025

Through a $9.5 million public-private partnership, Lexington renovated 204 affordable rental units for seniors and people with disabilities. Briarwood of Lexington, an apartment complex owned by Indianapolis-based Gene B. Glick Company, cut the ribbon on upgraded apartments Wednesday thanks to state and local investments.

Read More (kentucky.com)

US: New $30 million senior living complex breaks ground in Fort Myers

By Fox 4 Southwest Florida, May 16, 2025

Construction has officially started on a new $30 million senior living complex in Fort Myers that will provide affordable housing for low-income seniors. The facility will include a beauty salon, senior cafe, gym, wellness center, game room, and computers for residents. Strayhorn hopes the project will be completed in less than four years.

Read More (fox4now.com)

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