Market Monitor Digest
(Week 43/2025)
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.
Student Housing & Co-Living
Italy, Bari: The former Bonomo Military Hospital in Bari will be a University Residence
By Affari Taliani, October 17, 2025
The new functions envisaged, in particular, will concern the construction of a university residence for approximately 416 students, accommodation for visiting professors and doctoral research students, and office spaces for Adisu Puglia, with annexed spaces for archive use.
France, Paris: Greystar expands French portfolio with 257-unit residence
By IPE Real Assets, October 20, 2025
Global rental housing investor buys the asset in Courbevoie.
Sweden and Finland: Brookfield and The MESH Group acquire Nordic housing portfolio
By IPE Real Assets, October 21, 2025
Pair buy six newly constructed Unity Living-branded assets across Sweden and Finland.
Germany, Berlin: Amro Partners and Aviva Investors launch PBSA platform in Germany
By Amro Partners, October 22, 2025
The Partnership will initially target a portfolio of 3,000 student beds, expected to represent in excess of €500 million in gross asset value (‘GAV’), which we intend to reach over the next three years. We have already secured our first project, acquiring a prime site in the Charlottenburg district of Berlin to develop a €60 million scheme comprising 200 student rooms with amenities.
UK, London: Moda acquires £300 million Hammersmith office-to-PBSA site
By Estates Gazette, October 23, 2025
Moda Group and Aermont Capital have signed a deal to acquire a 200,000 sq ft office in Hammersmith to convert into a £300 million purpose-built student accommodation scheme. Malaysian investor Eastern & Oriental is looking to dispose of the adjoining sites located at Thames Tower on Blacks Road and Landmark House on Hammersmith Bridge Road.
Built-to-Rent
UK, London: Go-ahead for £1.7bn Lewisham town centre overhaul
By Construction Enquirer, October 17, 2025
Developer Landsec has got the planning green light to redevelop 1970s-built Lewisham shopping centre in south London into a new town centre district around an urban meadow.
Denmark, Copenhagen: Barings buys Copenhagen project in Second Danish real estate investment
By IPE Real Assets, October 20, 2025
Manager buys the 30,000sqm Smedeland 28 residential project for US insurer
UK, London: Plans approved for 2,800 homes on Lewisham shopping centre
By Inside Housing, October 22, 2025
Commercial landlord Landsec has received approval to build over 2,800 homes on the site of a shopping centre in Lewisham.
Senior Living
Spain: StepStone and GREYKITE complete €1.5 billion recap of Vitalia senior housing portfolio
PERE News, October 16, 2025
StepStone Real Estate and GREYKITE acquired a majority stake in Vitalia, Spain’s second-largest care home operator, through a €1.5 billion recapitalization—the country’s biggest senior housing deal in a decade.
Australia, Narrabeen: Indigo by Moran unveiled as $220M luxury coastal retirement village
By The Weekly Source, October 20, 2025
Retirement by Moran plans a $220 million redevelopment in Sydney’s Narrabeen, featuring 149 independent living units and premium wellness amenities. The oceanfront community, Indigo by Moran, will be the operator’s largest to date. The project signals rising demand for resort-style senior housing in Australia.
US, Kalamazoo, MI: $87M expansion breaks ground at Friendship Village
By MLive, October 22, 2025
Friendship Village launched a major $87 million expansion, adding 76 independent living units and a 40-bed skilled nursing center. The project also includes new dining venues, campus upgrades, and renovations to assisted living.
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