Market Monitor Digest (Week 22/2025)
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Student Housing & Co-Living
Canada, Vancouver: Danish firm designs UBC's $560-million, 1,500-bed student housing complex
By DH Urbanized, May 27, 2025
For its largest-ever student housing complex project in decades, the University of British Columbia (UBC) has enlisted a prominent international architectural firm from Denmark to lead the design work. The first phase of the redevelopment of John’s College at the UBC Vancouver campus is designed by Copenhagen-based 3XN, which has designed notable projects such as the Museum of Liverpool, new International Olympic Committee headquarters in Laussane, Quay Quarter Tower in Sydney, and the United Nations City and National Aquarium Denmark in Copenhagen.
UK, Glasgow: Detailed plans submitted for 620-bed student development at Charing Cross
By Scottish Housing News, May 28, 2025
A £250 million plan to transform Glasgow’s Charing Cross has moved forward with the submission of detailed plans for the first phase. Following outline planning consent being granted at the end of last year, CxG Glasgow Limited has brought forward an application for a 620-bed student accommodation development on the south side of Bath Street.
UK, Birmingham: McAleer & Rushe lands £90 million Birmingham student housing job
By Construction News, May 28, 2025
Developer Greystar has appointed McAleer & Rushe to deliver an £90 million purpose-built student accommodation (PBSA) scheme in Birmingham. The Triangle scheme, located on a former Sainsbury’s supermarket site in Selly Oak, will provide 836 student bedrooms across two buildings.
US, Tucson: Core Spaces Completes 648-Bed Student Housing Project Near University of Arizona
By Rebusiness Online, May 23, 2025
Core Spaces has completed Hub Tucson First, a 648-bed student housing development serving students attending the University of Arizona in Tucson. The 273,627-square-foot community offers 161 fully furnished units in studio, two-, three-, four-, five- and six-bedroom configurations.
Germany, Munich: Reiß & Co. and THG purchase project site for student housing
By Deal Magazin, May 21, 2025
The property is located directly on the campus of the Technical University of Munich (TUM) in Garching. The plan is to build an innovative four-story student residence with approximately 12,300 square meters of floor space for approximately 380 apartments.
Built-to-Rent
Australia: Green Light for 500-Home BTR at Sydney’s Regents Park
By The Urban Developer, May 25, 2025
A proposal for more than 500 build-to-rent (BTR) apartments in western Sydney has been given the go-ahead after downsizing its affordable housing component. Concept proposals for the 30-46 Auburn Road site at Regents Park, a suburb in the Canterbury Bankstown local government area 22km west of Sydney CBD, were filed in 2023.
US: Lincoln Avenue Communities Breaks Ground on its First Build-to-Rent (BTR) Affordable Housing Development in Maricopa, Arizona
By PR Newswire, May 23, 2025
Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, broke ground this week on The Ranches at Gunsmoke Apartments, a ground-up development that will provide 271 units for individuals and families in Maricopaearning up to 60% of the Area Median Income.
UK: John Lewis rental home plan gets go-ahead after planning appeal
By This is Wiltshire, May 27, 2025
The employee-owned business, which has been seeking to diversify its operations, had faced local opposition over plans to build 428 rental homes in West Ealing.
Canada: Apartment project with affordable housing being planned in south Barrie
By Barrie Today, May 27, 2025
The rezoning would essentially be from residential single detached dwelling first density to residential apartment dwelling second density-one, with special provisions to permit two, six-storey, residential apartment buildings with 468 rental residences
Senior Living
Ireland: 113-unit affordable senior housing to break ground in Dublin
By Patch, May 27, 2025
Local leaders will attend the groundbreaking ceremony to mark the start of construction on the Regional Street Apartments, a 113-unit affordable housing community for seniors. The apartments, designed by Eden Housing, will be located on a 1.3-acre site at 7750 St. Patrick Way, close to the West Dublin/Pleasanton BART station, I-580, and I-680.
Germany: Construction of the new "residence" for seniors in Laar begins
By Grafschafter Nachrichten, May 26, 2025
This is what the new "senior residence in the village" with 14 apartments in two buildings at the corner of Hauptstraße/Hoher Esch should look like when it is completed at the end of 2026.
South Korea: In super-aged S. Korea, a Seoul district wants residents to get first spots in ‘elderly kindergartens’
By The Straits Times, May 26, 2025
South Korea is running out of space for its ageing population, and many neighbourhoods do not want care centres for older adults built in their apartment complexes.To address this growing tension, Eunpyeong-gu district in north-western Seoul is suggesting something new: It has formally proposed that residents of newly redeveloped apartment complexes be given priority access to care centres built as part of the redevelopment.
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