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The latest Savills survey reveals that while purpose-built student accommodation (PBSA) remains a top choice for investors in Europe, the primary challenge now lies in sourcing sufficient high-quality schemes. As competition intensifies, the sector’s maturity solidifies its appeal amidst evolving market dynamics.
Telford Living’s plans for a purpose-built student accommodation scheme at the former London Electricity Building face potential refusal. The project aims to provide 520 student bedrooms, with a significant portion designated as affordable housing for students from Queen Mary University.
The Unite Group has alerted the market to a significant slowdown in new purpose-built student accommodation (PBSA) developments due to soaring construction costs. With average rents rising and tighter regulations, the pipeline for new projects is expected to diminish over the next few years, despite ongoing demand.
Frameclad Limited has been selected by TudorMay to design and supply the infill SFS package for the 100 Chalk Farm Road PBSA project. This development aims to deliver 264 student bedrooms and is set to become one of the UK’s most sustainable student accommodation projects.
Study Inn has announced significant progress on its Frederick Road purpose-built student accommodation project, backed by a £21. 7m loan. The development is set to provide 207 student bedrooms and various amenities, meeting the growing demand in Birmingham’s Edgbaston area.
Far East Orchard has received approval to commence its 239-bed purpose-built student accommodation project at Plymouth Grove in Manchester. With completion targeted for 2028, this development will address the ongoing demand for student housing in one of the UK’s most undersupplied markets.
EQT Real Estate has successfully acquired the Bagneux Student PBSA in the Grand Paris area from Praemia REIM. This scheme, comprising 207 fully let beds operated by Studéa, is strategically positioned near the Grand Paris transport network, illustrating the robust demand for quality student accommodation in France.
Far East Orchard has been honoured as a ‘Company of Good – 3 Hearts’ by the National Volunteer and Philanthropy Centre, reflecting its dedication to social impact. The firm has significantly expanded its footprint in the UK purpose-built student accommodation sector, now managing approximately 60,000 beds.
Architecture practice Buttress has made significant strides by expanding its leadership team and conservation capabilities, promoting Grant Prescott and Jenna Johnston to Associate Directors and welcoming Toby Cope as Marketing Director. These changes coincide with Buttress’s first anniversary as a fully employee-owned business.
Arada has partnered with Clarion Housing Group to advance two major PBSA developments in Camden, London. This collaboration will deliver 136 new social rent homes alongside purpose-built student accommodation, addressing the urgent housing shortage in the borough.
Aitch Construction is set to commence work on the YourTRIBE purpose-built student accommodation project at Newington Causeway in early 2027. This 19-storey development will provide 243 student bedrooms and aims to enhance the local area while expanding Aitch’s project portfolio.
Whitbread has received planning approval from Norwich City Council for a significant redevelopment project at the Norwich Nelson site. The plans include purpose-built student accommodation (PBSA), a Premier Inn hotel, residential units, and public spaces, reflecting a strategic investment in the city’s future.