The Market Monitor Digest (week 28/2023)

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.

July 14, 2023 BONARD Market Monitor team

Student Housing & Co-Living

Ireland, Cork: Controversial plan for Cork student apartments given green light

By Sean Murray, July 12, 2023

Controversial plans for 205 new student bed spaces in Cork have been given a green light, despite dozens of objections to the original plans and a subsequent appeal to An Bord Pleanála.

UK, Glasgow: iQ breaks ground on new Glasgow student accommodation project

Author unknown, July 12, 2023

The complex is scheduled to replace a now-demolished 1970s office block with a modern 12-storey building offering 551 bedrooms. The project, spearheaded by contractor GRAHAM and Glasgow architects Cooper Cromar, was officially launched with a groundbreaking ceremony on 6 July.

France, Béziers: A new student residence opens in August at Quai Port-Neuf in Béziers

By Antonia Jimenez, July 10, 2023

The 200 furnished accommodations, from studios to one-bedroom apartments, over 7 floors, are already available for rental. Project management is provided by CIC Delmas and project management by Pitch Immobilier.

France, Clermont: 12,000 m2 for an unprecedented student residence in the heart of Clermont-Ferrand

Author unknown, July 06, 2023

463 beds, 12,000 m2 including 620 m2 of common areas, a rooftop, a gym, state-of-the-art rooms, the Kley residence, dedicated to students, should open its doors at the end of 2024.

Spain, Zaragoza: The works of the first building of the Pontoneros student residence face its final stretch

Author unknown, July 08, 2023

From Xior they assure that "there are already firm registrations" and they hope to end up covering the 151 places.

BTR

Germany, Frankfurt: Foundation stone for the MAIN YARD in Frankfurt's Allerheiligenviertel

Author unknown, July 7, 2023

The project is being developed by the OrT Group and will be completed in the course of 2025. It comprises around 300 rental apartments.

UK, Birmingham: Go-ahead for 48-storey Birmingham BTR tower

Aaron Morby, July 7, 2023

HUB and real estate investment manager MARK have got the planning thumbs for a 48-storey residential-led scheme at 2 Snowhill Plaza in Birmingham. The project will deliver 462 build to rent homes.

Germany, Hamburg: Lettings start in the Kolbenhöfe with 163 apartments

Author unknown, July 12, 2023

Quantum is now starting to let the 163 new rental apartments in the Kolbenhöfe. The 1.5 to 4-room apartments with 38 - 106 m² are spread across the two largest residential buildings in the Kolbenhöfe. 

Germany, Berlin: Talyo manages a new residential area in Berlin-Spandau for PATRIZIA

Author unknown, July 12, 2023 

Talyo Property Services GmbH has been commissioned by PATRIZIA SE with the property management of the conceptually new "Havelufer Quartier" project development under construction in Berlin-Spandau with a total of around 1,700 rental apartments.

Senior Living

Canada, Joliette: Important notice for social housing in Joliette

Author unknown, July 07, 2023

64 public housing units in Joliette will be renovated at a cost of $13 million. The municipal housing office manages 427 housing units, of which 253 are for seniors and 174 are for families.

France, Poitiers: Poitiers senior residence; end of work on the residence for seniors Les Jardins d'Arcadie in Poitiers

Author unknown, July 06, 2023

Les Jardins d'Arcadie will welcome its new tenants from Monday 17 July in a brand new residence of 108 rental apartments, at 10 rue de la Trinité, in the historic heart of Poitiers.

Germany, Lübeck: Kingstone buys healthcare property near Lübeck

Author unknown, July 12, 2023

Kingstone Real Estate has acquired a mixed-use commercial property in Mölln in Schleswig-Holstein for a healthcare real estate special fund. The anchor tenant in the main building of the Robert Koch Park at Hindenburgstraße 13-15 is the fully inpatient care provider Leben & Pflege Gahl.

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DISCLAIMER: The intention of the Media Monitoring (hereinafter referred to as “service”) is to inform about the most recent developments in the global student housing asset class through the collection, review, and dissemination of media releases published by third parties. The service does not claim any intellectual property of the original or interpreted sources. By using this service, you grant your consent with the following terms of use and caveats:

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