The Market Monitor Digest (week 34/2023)
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.
Student Housing & Co-Living
UK, Exeter: Exeter home and workshop could be bulldozed for co-living flats block
By Mary Stenson, August 23, 2023
The 101 studios in the St James area of Exeter will be marketed to younger people.
UK, Leeds: Green light for conversion of Headrow offices to student accommodation
By Stephen Farrell, August 22, 2023
The proposed conversion of a group of vacant office buildings on The Headrow in Leeds to create more than 100 student flats has been given the go-ahead. L&S Leeds Ltd, supported by ID Planning, submitted an application to Leeds City Council earlier this year for the alteration and change of use of No. 1 Headrow Court.
Portugal, Braga: AAUMinho creates partnership with new university residence
By Mariana Lopes, August 20, 2023
The new private residence, Andy Student Living, guarantees 294 more rooms for students in the city of Braga.
UK, Bristol: UWE Bristol: Nine-storey block of student flats approved
By Adam Postans, August 21, 2023
Plans for a nine-storey block of flats for 330 students near the University of the West of England (UWE) have been approved.
UK: Avamore enters PBSA market
By Jodie Bradley, August 21, 2023
Avamore Capital has expanded its lending appetite and will now support transactions in the student accommodation sector across the UK.
Poland, Poznan: The first skyscraper in Poznań turns into a private dormitory. It will be ready in a year
By Maria Bielicka, August 18, 2023
Over 100 rooms with bathrooms and kitchenettes will be built there.
BTR
Germany, Berlin: Letting start for large-scale project Ferdinand's Garden
Author unknown, August 15, 2023
As an expert in apartment rentals, moovin was able to secure the exclusive first letting of all 395 units.
UK, Cardiff: Galliford Try seals 30-storey Cardiff rental flats job
Aaron Morby, August 15, 2023
The firm has been in line for the £52m development for client Marcol Estate for two years. The development will see the creation of 272 one and two-bedroom apartments in a 30-storey tower at Guildford Crescent, close to the centre of Cardiff.
Czechia, Ostrava: Ostrava to have a new residential district
Author unknown, August 14, 2023
A new residential district with almost 240 flats will be built in Ostrava's most populous district Jih. Linkcity Czech Republic will pay a minimum of €1.2 million for the land. Keeping in mind affordable rental housing, the investor will allocate 10 percent of the new apartments to be rented at 75 percent of the usual rent for ten years.
UK, Liverpool: Equans and shareholders celebrate Milliners Yard BTR milestone
Bea Patel, August 23, 2023
Equans, Home Group, and Columbia Threadneedle Investments celebrated the topping out milestone in Liverpool. The Milliners Yard Build to Rent scheme will comprise of 258 low-carbon apartments.
Senior Living
Austria, Feldkirchen: The largest employer in Feldkirchen plans further expansion
By Andreas Hoi, August 23, 2023
Other projects are already planned or about to be completed, such as the "Seniorenwohnen" housing project on Dr.-Walter-Domenig-Weg, which was realized in cooperation with Landeswohnbau Kärnten. "We are very much looking forward to the ceremony of handing over the keys, which will take place on September 27.
Canada: Optima Living partners with Welltower to manage seniors residences in Western Canada
Author unknown, August 22, 2023
Optima Living announced a strategic partnership with Welltower. Welltower invites senior residence managers to fund the real estate infrastructure needed to scale innovative models of care. After extensive due diligence, Welltower selected Optima Living as its preferred management partner for six senior living communities in Red Deer and Medicine Hat, Alberta and Victoria, British Columbia.
Austria, Vienna: Sunrise Senior Living opens in Vienna with new pastry café
Author unknown, August 17, 2023
The senior living provider announced (Thursday) that its 81,755-square-foot, four-story building at 374 Maple Avenue West is now ready for residents to start moving in. The facility can accommodate over 100 residents with 50 assisted living units and 35 memory care units.
Germany, Vennebeck: The construction phase of the shell is ending: 41 apartments for seniors should be ready for living in the summer of 2024
By Dirk Haunhorst, August 19, 2023
Planned construction of 41 housing units for seniors and also rooms for ambulatory nursing services. The approval is scheduled for the summer of 2024, said during the inspection the executive director of the association, Eduard Reimer, and Gennadi Unruh, who is responsible for building management.
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