The Market Monitor Digest (week 31/2023)

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.

August 4, 2023 BONARD Market Monitor team

Student Housing & Co-Living

Germany, Nuremberg: Nuremberg: Instone hands over micro-apartments to Patrizia

Author unknown, August 03, 2023

Instone Real Estate has completed a residential complex with 459 micro-apartments and 840 m² of commercial space in the St. Peter district of Nuremberg and sold it to Patrizia for its student housing portfolio.

UK, London: Three more towers in Brent set for approval

By Tom Lowe, August 03, 2023

The largest is a two-block student accommodation-led scheme on Watkin Road on the northern edge of the £3 billion Wembley Park development area which surrounds Wembley Stadium. The northern site has been earmarked for a 21-storey tower containing 200 student rooms, while its shorter neighbour would comprise a stepped block of part 18 and part six storeys containing a further 419 student rooms and 1,500 sq m of commercial space.

UK, Nottingham: Work starts on 270-bed Nottingham student block catering for mature students

By Oliver Pridmore, August 02, 2023

Building work has officially started on a 271-bed student accommodation block at a former Argos site in Nottingham. Set to open in time for the academic year starting next September, Bromley Place will incorporate an existing three-storey Victorian building at its site in Lower Parliament Street.

UK, Chichester: Bouygues to build Chichester student accommodation

Author unknown, August 01, 2023

Uliving, the student accommodation brand of Bouygues company Linkcity UK, expects to deliver a total of 1,032 bedsits across the University of Chichester’s two campuses in Bognor Regis and Chichester.

UK, London: JTP submits plans for 1,100-home Old Kent Road tower quartet

By Anna Highfield, August 01, 2023

The plans propose 941 student bedrooms and 200 new homes – all of which would be affordable, equating to 40 per cent housing by habitable room, taking into consideration the student accommodation.


Germany, Berlin: Havelufer quarter: Germany's first building construction project according to IPA

Author unknown, August 1, 2023

The first construction phase of the major project by PATRIZIA and KAURI CAB Development came to an end on schedule in mid-July. A total of 234 rental apartments were created.

Czechia, Prague: Česká spořitelna and Kooperativa buy resi project in Prague

Amy Johnson, July 21, 2023

Sekyra Group has agreed with Dostupné bydlení České spořitelny and Kooperativa on the sale of the Opatov II residential project in Prague 11, which will include approximately 300 rental apartments.

Germany, Frankfurt: Core Living: Instone celebrates topping-out ceremony in Frankfurt's Schönhof district

Author unknown, July 28, 2023

Instone Real Estate yesterday celebrated the topping-out ceremony for 190 rental apartments on construction site B, which is known as "Core Living".  

UK, London: Greystar’s plans for new Battersea BTR scheme approved

Amy Johnson, July 28, 2023

Greystar has secured planning approval for a new scheme on Lombard Road in Battersea. Greystar’s scheme will deliver 294 Build to Rent homes.

UK, Birmingham: Elements Europe wins Digbeth 550 rental flats

Aaron Morby, July 28, 2023

Elements Europe has been confirmed as the main delivery partner on a central Birmingham 550-flats build-to-rent scheme. 

Senior Living

Spain, Ribadeo: New home for seniors in Ribadeo

By Cristina L.Felipe, August 02, 2023

Community housing La Villa de Vilaframil already has all the permits to open and offers twelve places to stay for valid people. The region has a new residential resource for seniors, the community housing Hogar La Villa de Vilaframil in Ribadeo.

US, Philadephia: Strawberry Mansion housing development part of master plan rooted in health and wellness

By Aaron Moselle, August 02, 2023

A bundle of blighted lots in North Philadelphia may be transformed into a mixed-use development with 120 units of senior housing above 10,000 square feet of ground floor commercial space.

France, North-sur-Erdre: 35 new social apartments in North-sur-Erdre

By Ocean Press, July 28, 2023

he mayor inaugurated the new Clématite residence offering 35 apartments. 18 accommodations for young couples. For seniors, there are 17 accommodation units with balconies and equipped with adapted equipment, such as showers without projection and motorized blinds.

Germany, Stade: BNP Paribas Reim acquires retirement home in Stade

Author unknown, July 28, 2023

BNP Paribas Real Estate Investment Management (BNP Paribas REIM) Germany has acquired the nursing home Am Hinterdeich 4 in Stade for the European Healthcare Property Fund, which was launched in 2020. The official opening of the long-term care facility with a total of 131 care places took place on 1 June. The investment volume amounted to approx. 17 million euros.


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