The Market Monitor Digest (week 38/2023)

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.

September 22, 2023 BONARD Market Monitor team

Student Housing & Co-Living

UK, Nottingham: Unite Students completes new £57 million property to house 705 students in Nottingham

Author unknown, September 21, 2023

Unite Students, the UK’s largest provider of student accommodation, has completed work on its new £57 million property in Nottingham. The 705-bed development, Morriss House, is located next to the University of Nottingham’s Jubilee Campus and is now welcoming students at the start of the 2023/24 academic year.

Europe: Research: PBSA Rents in 2022 vs. 2023

By BONARD, September, 2023

PBSA rents continue to surge. New research by BONARD looks at the reasons behind this trend.

Netherlands: Aukera provides €60 million loan for Dutch student housing project

By Joseph del Puerto, September 21, 2023

Investor eyes high demand for student apartments in university cities across the Netherlands.

UK, Leeds: Tallest student housing scheme in the world to be built in Yorkshire, as part of £500 million deal

By Coreena Ford, September 20, 2023

45-storey skyscraper with 660 beds across 255,000sqft, which the firm said will make it the tallest building of its kind in the world and the tallest building in Leeds.

France, Toulouse: For the first time, CDC Habitat, a Crous and a Greta-CFA finance a student residence

By Gwenaelle Conraux, September 19, 2023

In Toulouse, the new Déodat de Séverac university residence combines rooms and shared living spaces for students, as well as a training space operated by the Greta-CFA Midi-Pyrénées Centre. This is the first time that such a partnership has been established between the Crous, CDC Habitat and a secondary establishment.

Spain, Madrid: EQT Exeter grows in Madrid with a student residence in the middle of 'prime'

Author unknown, September 15, 2023

Major operation in the student residences market. The Swedish fund EQT Exeter will add a new student residence to its joint portfolio with the Spanish developer Moraval by taking over the former headquarters of Comisiones Obreras, located in the Plaza de Cristino Martos, near Plaza España and Gran Vía, thanks to an exchange with the Ministry of Labor, owner of the asset, according to El Periódico de España .


Germany, Cologne: Bonava sells 176 rental apartments in Cologne to Bayer

Author unknown, September 18, 2023

Bonava is selling 176 rental apartments in Cologne, Germany, to a fund of Bayer pension schemes.

Germany, Hamburg: Instone starts sales for the new Urban.Isle residential area

Author unknown, September 15, 2023

In a central Hamburg city location in the Rothenburgsort district, Instone Real Estate is developing an urban residential district on an area of around 12,800 m² where 469 attractive micro-apartments will be built.

Spain: Solventis launches a 650 million fund for affordable rental housing

Author unknown, September 15, 2023

Solventis launches into the affordable rental market. Solventis plans to raise 650 million euros for the vehicle. The company's plans are to build a total of 12,000 rental homes in ten years.

UK, Edinburgh: Sigma Capital to deliver 185 SFH Build to Rent homes

Amy Johnson, September 14, 2023

The Crossings will contain 398 homes and 14 commercial units, delivered in a partnership between Lovell Partnerships, Sanctuary Scotland, Sigma Capital, the Scottish Government and City of Edinburgh Council.

Spain, Madrid: Harrison Street and DeA Capital acquire two Spanish BTR schemes

Amy Johnson, September 20, 2023

Harrison Street and DeA Capital S.p.A recently announced that its JV will acquire 430 Build to Rent units across two new assets in Madrid and Alicante.

Senior Living

Germany, Leipzig: Real Blue acquires senior citizens' residential park near Leipzig

Author unknown, September 19, 2023

Real Blue, the capital management company of Drees & Sommer, has acquired a senior citizens' residential park currently under construction in Großpösna near Leipzig for the open-ended special AIF "Real Blue Senior Living". In the main building there are 43 assisted living apartments, an outpatient assisted living community with 24 places, a day care for 18 guests as well as an outpatient care service and other service areas. In the neighboring building there are another 23 assisted living apartments. Both properties with almost 6,900 m² of rental space will be completed in the third quarter of 2024.

Germany, Wassertrüdingen: Aachener Grund acquires senior citizens' facility near Münster

Author unknown, September 16, 2023

The seniors and day care facility, operated by Arbeiterwohlfahrt (AWO) on Dinkelsbühler Straße in Wassetrüdingen, is expected to take about a year to complete. The ceremonial pouring took place at the construction site yesterday, Friday afternoon.

Sweden, Hammarö: After the decision - one step closer to the operation of LSS and senior housing for 118 mil

By Johan Eklöf, September 18, 2023

The village of Hammarö is interested in creating a senior center.


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