The Market Monitor Digest (week 12/2023)

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.

Mar 24, 2023 Market Monitor team

Student Housing & Co-Living

UK: QIP and Soilbuild co-invest in UK student accommodation platform

By Atiqah Mokhtar, March 23, 2023

Singapore-based private equity investment firm Q Investment Partners (QIP) and integrated property group Soilbuild have announced a £200 million ($328 million) platform to invest in purpose-built student accommodation (PBSA) in the UK.

UK, London: Plans reveal HUGE £1.7 billion project to redevelop Edgware Town Centre

By Chris Mitchell, March 21, 2023

The plans will create up to 4,000 much-needed high-quality new homes across a range of tenures, including affordable rent, shared ownership, first-time homes, senior living, and student accommodation.

France, Marseille: Kley persists and signs in coliving in Marseille

Author unknown, March 22, 2023

Named “Kley Marseille République”, it will offer, among other things, 205 apartments, from one- to three-bedroom duplexes, outdoor spaces, including a courtyard accessible to all students, as well as a 20-space car park.

UK: Investec Backs Global Student Accommodation With £85 Million Student Homes Refinancing

By Paul Norman, March 21, 2023

Loan Will Enable GSA To Refurbish Five UK Student Homes Schemes.


Germany, Berg: BAUWENS realizes mixed-use district P96 in Prenzlauer Berg

Author unknown, March 21, 2023

The residential and office area "P96" has been realized on the former Robben & Wientjes site in Prenzlauer Berg. 110 rental apartments and a modern office building with almost 10,000 m² of rental space will be built.

Poland, Warsaw: Resi4Rent delivers another investment in Warsaw

Author unknown, March 23, 2023

The new investment is a continuation of the Resi4Rent Warsaw Woronicza It is a 5-story building with 344 subscription apartments.

Spain, Madrid: Culmia is awarded 2,000 affordable rental homes in Madrid

Author unknown, March 21, 2023

Culmia continues with rental development in Madrid. It has been awarded two lots from the Affordable Rental Plan of the City Council of the capital. In total, the company foresees an investment of 515 million euros in the promotion of 2,000 homes.

Germany, Offenbach: QUARTERBACK gives the center of Offenbach a new look

Author unknown, March 16, 2023

QUARTERBACK Immobilien AG is giving Offenbach's city center a new look. The mix of apartments in the "Berliner Höfe" is broad: According to the current planning status, 150 one- to five-room units will be built as privately financed rental apartments, plus 43 units as serviced apartments for students.

Senior Living

UK, West Lancashire: McCarthy Stone gets green light for 67 Burscough homes

By Julia Hatmaker, March 21, 2023

West Lancashire Council has approved the senior living developer’s plans for 48 apartments and 19 bungalows off Chancel Way. Situated on nearly 1.5 acres off Chancel Way, the Burscough resi project breaks down to 19 two-bed bungalows, 19 two-bed apartments, and 29 one-bed flats.

Austria, Mödling: Silver Living Forum: Austria is getting older, properties are changing

Author unknown, March 17, 2023

Despite a reduction in the transaction volume on the European senior housing real estate market (from EUR 3.3 billion in 2021 to EUR 2.7 billion in 2022), according to Thomas Beyerle from Catella Research, Europe's economy remains robust. It is important to promote the affordability of housing for older people and to recognize megatrends at an early stage. According to Sabine Müller, CMO of Value One, the "Silver Society" megatrend describes the effects of a fundamental change in the age structure of our society.

Sustainability in senior housing. The market report "Senior Living Austria" published by Silver Living was also presented. According to Marina Woitek, Head of Consulting at Silver Living, there is an additional need for up to 100,000 senior living options throughout Austria by 2030. She also found that too many people currently live in care facilities who would not need this. In assisted living complexes, seniors can be cared for up to care level 3, but also beyond.


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