The Market Monitor Digest (week 40/2023)

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October 6, 2023 BONARD Market Monitor team

Student Housing & Co-Living

France, Angers: In Angers, a residence is emerging: 150 new accommodations for students

By Bastien Lejot, September 29, 2023

The Les Estudines residence was inaugurated on Thursday September 28 in Angers (Maine-et-Loire), Saint-Serge district. If the 150 new housing units are to allow a saturated market to breathe, long-term solutions will have to be found quickly.

Poland, Krakow: The Jagiellonian University is ready for the 660th academic year. A new dormitory will be built in Ruczaj

By Kinga Poniewózik, September 29, 2023

The Rector revealed that due to the great interest in the university, the expansion of the campus in Ruczaj is planned. It is a new dormitory for 400 students. Talks about this project are ongoing.

UK: Apollo backs Cain with £250 million PBSA loan

By Mark Mwaungulu, September 28, 2023

The loan will support the delivery of 2,389 student accommodation beds in the UK.

UK: Vita Group agrees PBSA asset sale with Savills Investment Management

By Vita Group, October 02, 2023

Urban regeneration specialist Vita Group has agreed a major transaction with Savills Investment Management, on behalf of a key client, for the sale of three assets at circa £300 Million. The deal demonstrates clear confidence in the UK’s purpose-built student accommodation (PBSA) market.

France, Bordeaux: Student residences are gaining height in Talence

By France Blue Gironde, October 02, 2023

Bordeaux campus where a very special project is nearing completion with the construction of 115 studios in building G of village 1 in Talence.


Germany: MVGM takes over management of 6,280 residential units nationwide

Author unknown, September 29, 2023

MVGM has taken over the management of 6,280 residential units nationwide with a total rental area of around 375,000 m² for an internationally active asset manager. The majority of the properties are located in North Rhine-Westphalia.

Germany, Berlin: The Base is planning 157 apartments in “Funkytown”

Author unknown, September 29, 2023

The Base has rented around 5,100 m² GFA in the Trockland neighborhood development “Funkytown” on Rummelsburger Landstrasse in Berlin-Oberschöneweide. 157 apartments are planned.

Germany, Hamburg: Topping out ceremony for the first 220 apartments in the Max Brauer Quarter

Author unknown, September 29, 2023

By 2025, an urban quarter with more than 460 rental and condominiums, privately financed and publicly funded, offices, a daycare center and restaurants will be built.

Spain: Solventis plans to allocate 500 million euros from its BTR fund in Catalonia

Author unknown, September 28, 2023

Solventis, through its fund specialized in affordable rentals Fondvisio, plans to build up to 3,100 homes in Catalonia through public-private collaboration together with the Catalan administration.

Senior Living

US, Texas: Tradition Senior Living Completes 297-Unit Project in Fort Worth

Author unknown, September 29, 2023

Developer and operator Tradition Senior Living has completed construction on a 297-unit project within the 270-acre Clearfork mixed-use development in Fort Worth. The Tradition-Clearfork offers 214 independent living residences and 95 assisted living and memory care units.

US, Belmont: BLVD Buys Bay Area Affordable Senior Housing

By Diana Firtea, September 29, 2023

BLVD Group purchased Bonnie Brae Terrace, a 164-unit affordable senior housing development in Belmont, California. Lesley Senior Communities sold the property for $18 million. BLVD secured a $10.8 million Fannie Mae loan from Newmark, public records show.

Italy, Viadana: Housing supply plan for 2024

Author unknown, October 03, 2023

Specifically, there are a total of five accommodations available pending a tender to be announced in 2024: four SAP (Public Housing Services) accommodations, which include also senior accomoodations and one SAT (Transitional Housing Services) accommodation.


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