The Market Monitor Digest (week 32/2023)

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 11, 2023 BONARD Market Monitor team

Student Housing & Co-Living

France, Saint-Étienne: A new student residence opens a stone's throw from the city center

By Julien Barletta, August 10, 2023

The residence will have 175 studios with four different typologies.

UK, South Gloucestershire: Nine-storey block of student flats planned near UWE in retail park

By Alex Seabrook, August 09, 2023

The development would include 330 beds over nine storeys, but some locals say it would be too tall.

UK, Manchester: Plans for 'monster' 42-storey student tower in Manchester city centre unveiled - as residents fuming

By Joseph Timan, August 08, 2023

Plans to house hundreds of students and bring 1,900 jobs and apprenticeships to a neighbourhood near the Mancunian Way have been finalised. The £450 million scheme includes building a 42-storey tower - which is already facing opposition. The development would see most buildings on a stretch of Upper Brook Street demolished to make way for purpose-built accommodation for 1,837 students as well as several new blocks with laboratory and office space for life sciences sector jobs.

France, Paris: GDG Investissements secures €44 million loan from Cheyne Capital

By IPE STAFF, August 03, 2023

GDG is planning to convert the existing property located in the 6th Arrondissement in central Paris into a mixed-use building, comprising both space for a campus and social student housing.

UK, Manchester: Sheppard Robson gets go-ahead for 28-storey Manchester student tower

By Kit Heren, August 04, 2023

Sheppard Robson Architects has been given the green light for a 1,224-bed student residential tower scheme that replaces an earlier consented 642-unit co-living concept.


Germany, Stuttgart: Instone hands over project with 250 apartments to BVK

Author unknown, August 4, 2023

In a central location in Stuttgart, Instone Real Estate has successfully completed 250 rental apartments, which also include 34 barrier-free and 24 socially priced units.

UK, Birmingham: New apartment scheme planned for old university building

Tamlyn Jones, August 7, 2023

New plans have been submitted to turn Richmond House into 152 units to rent only, aimed at post-graduate students and young professionals. The new apartments would be managed on site by AR&V Investments' build-to-rent brand 'The James'.

Spain, Bilbao: M&G acquires residential development on Zorrotzaurre Island

Amy Johnson, August 9, 2023

M&G has made a €98m forward funding commitment to a 29,000 sqm residential development on Bilbao’s sought-after Zorrotzaurre Island on behalf of its European Living Property Fund. The development comprises 314 private rental apartments split across two buildings. 

Senior Living

Germany, Helmershausen: He moved more than a few shoulder blades

By Iris Friedrich, August 03, 2023

Symbolic groundbreaking for the new care facility for the elderly on the soccer field in Helmershausen. Even if only a few shovelfuls of earth were moved – it was more for the village of Rhönblick.

France, Bruay-La-Buissière: Work has begun on the future intergenerational residence in Bruay-La-Buissière

Author unknown, August 07, 2023

Behind Intermaché in the Stade-Parc district of Bruay-La-Buissière, work began on the future intergenerational residence (88 apartments) at the end of July. Two years of work are planned

France, Rochechouart: The new Odhac pavilions in Rochechouart

Author unknown, August 10, 2023

Construction work on the new Ehpada will begin soon and will be designed for the elderly or disabled. The planned duration of the project is 14 months with an estimated cost of €974,000. This file represents 169 apartments.


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