The Market Monitor Digest (week 04/2024)

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.

January 26, 2024 BONARD Market Monitor team

Student Housing & Co-Living

France, Marseille: Inauguration of a new residence for students in Marseille

By J. Darras, January 24, 2024

A new residence for students is inaugurated this evening in Marseille. Made up of 114 student accommodations, the “Canissat” residence is located at 12 Rue Benjamin Delessert.

Spain, Madrid: Cain Enters Spain With €74 Million Student Accommodation Loan for Vita and Metrovacesca

By Bert Erik ten Cate, January 24, 2024

The Loan Finances Development of 585-Bed Scheme in Madrid. Cain International has provided a €74 million construction loan to Vita Group and Metrovacesca for the development of Vita Group’s flagship 585-bed Vita Student purpose-built student accommodation scheme in Madrid, Spain.

UK: Investor appetite remains buoyant for student developments

By Jessica Middleton-Pugh, January 23, 2024

Student accommodation investment down on five-year average, though investors ploughed £1.6 billion into future buildings.

UK, Manchester: £400 million Manchester Uni 3,300-bed campus go-ahead

By Aaron Morby, January 22, 2024

The 3,300-bed next phase, designed by Sheppard Robson, would result in up to 5,400 beds across the Fallowfield campus on completion.

UK: Aviva Confirms £150 Million Student Accommodation Portfolio Purchase

By Bert Erik ten Cate, January 18, 2024

Portfolio Comprises Properties in Edinburgh, Liverpool, Exeter and Falmouth.

BTR

Netherlands, Haarlem: VORM develops rental and owner-occupied homes in Haarlem

Annemieke Diekman, January 22, 2023

The building project developer VORM is developing 163 owner occupied and rental homes on the former Sonneborn site in Haarlem.

Australia, Perth: BtR Tower Put Forward for ‘Lazy Land’ in Perth CBD

Clare Burnett, January 22, 2023

DevelopmentWA, the state government’s central development agency, has filed plans for an inner city build-to-rent project. The tower proposed for the 3099sq m site would comprise 219 apartments.

UK, London: Vistry bags £276m north London homes scheme

Aaron Morby, January 23, 2023

Vistry-owned Countryside Partnerships has been named as preferred developer to build 739 new mixed-tenure homes at Colindale in the London Borough of Barnet.

UK, London: KKR acquires two Quintain BTR developments

Nick Biring, January 22, 2023

KKR announces the acquisition of two Build to Rent developments in Wembley Park from In total, the two developments include 490 Build to Rent units.

Senior Living

France, Finistère: The government decides on the start of construction of ten large projects

By Sarah Humbert, January 24, 2024

Each roommate has his own private room, approximately 30 m², open to the outside, with his own bathroom. And as in classic shared accommodation, residents have a common living space of approximately 80 m² where they can meet and share common moments. The opening is scheduled for April 24, 2024.

Germany, Mülheim: 16 euros cold, versatile care: a new home for the elderly

By Annette Lehmann, January 22, 2024

Assisted living in Kuhlendahl in Mülheim is ready: The new MWB building has 33 apartments.

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