Continuing our support for Balfour Beatty plc and the student accommodation sector, we acted as joint placement agent to finance a 1,899-bed student accommodation project funded by a £171m project bond. The project will help the University of Sussex create capacity for its increasing intake of students. For more information on how we could support you, contact Victoria Whitehead, Max Jones, Shirish Garg and Amanda Macfarlane. #RealEstate #HouseBuilding #Housing
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Building and construction companies in Northern Ireland are poised for significant opportunities following a major funding bid announcement by the Minister for Education, Paul Girvan. Mr Girvan has made a bid to the Department of Finance for £528m for education capital needs in the forthcoming financial year. Speaking in the Assembly, the Minister also warned that there was a need for a further £100m to meet special educational needs placements. Read more 👇 #NorthernIreland #EducationInvestment #SpecialEducationNeeds #SchoolConstruction #PublicFunding #EducationalInfrastructure #CapitalInvestment #SharedEducation #BuildingFuture #ConstructionSector #EducationSector Department of Finance
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A little #MondayMotivation from our friends Canadian Home Builders' Association of BC: Here's what they have to say about #Earnings when you choose a career in the trades! The construction industry offers you very good pay with wages that surpass many other sectors. The wages of construction workers have been among the fastest growing in Canada. Construction careers are not only high paying, but they allow you to establish financial security quickly and without incurring huge debt. It costs less to learn a trade than it does for a university degree – in fact, you actually get paid to learn a trade. Say goodbye to student debt and start making money right out of high school. Apprentices are paid a proportion of what a fully qualified journeyperson earns, and your pay will grow each year until you are completely certified. What a great reason to consider a local & lucrative career as a mason in the Atlantic provinces! 📸~ Canadian Home Builders' Association of BC
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As part of the Government of Nova Scotia’s plan to grow the skilled trades workforce, a new bursary will support 320 students starting training in Nova Scotia Community College - NSCC construction programs in September. Students with financial need can apply for a $5,000 Growing Nova Scotia’s Skilled Trades Workforce Bursary to help pay for tuition and living costs while training in high-demand construction trades programs at NSCC campuses across Nova Scotia. To be eligible, students must: ✔ be enrolled full-time in the first year of one of the 19 construction programs at NSCC. ✔ demonstrate financial need. While preference will be given to equity-deserving students, any student with financial need can apply. Students who receive the bursary this year will be able to apply for renewal in their second year. The $3.2-million investment for the new bursary is part of the $100 million announced in October to recruit, retain and train more people in skilled trades. Read the full news release: https://lnkd.in/eBxhjWZD
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A Draft Purpose-built student accommodation London Plan guidance (LPG) - A key objective of the London Plan is to provide the homes that London needs. This includes delivering appropriate levels of purpose-built student accommodation (PBSA), including affordable student accommodation, as part of a more inclusive London. - The draft PBSA LPG is a further step towards ensuring that development proposals assessed through the planning system provide more of the homes and other benefits that London needs. Guidance supports the policies of the London Plan, setting out: · The role of PBSA in achieving housing, economic and regeneration objectives · Strategic locational guidance · How best to manage over-concentration and spread the benefits of PBSA · Design, management and use mix considerations to help achieve integration with the neighbourhood and inclusive well-being · Housing mix expectations regarding affordability and disability-related needs · What is expected concerning nominations agreements. #pbsa #livingsector #studenthousing #purposebuiltstudentaccommodationlondonplandraft #ukstudentaccommodation #londonstudentaccommodation
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We reported back in March that Glasgow's student housing market has a major disparity between supply and demand. This resulted in the University of Glasgow removing its first-year accommodation guarantee. How is the pipeline looking now? ⬇ #studentaccommodation #pbsa #studenthousing #glasgow
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Shaping the UK Student Housing Landscape: Insights from Knight Frank According to Knight Frank's UK Student Housing 2023 report, here’s a breakdown of the key markets for student housing in the UK: High Pipeline Markets: Leeds, Nottingham, and Bournemouth stand as beacons of growth and opportunity, showcasing a robust foundation for student accommodation. Transition Markets: Sheffield, Portsmouth, and Leicester are in a state of transition, shaping their student accommodation offerings to align with the changing dynamics and preferences of the student population. Demand Driven Markets: Bristol, Glasgow, and Manchester resonate with high demand. These cities are driven by the aspirations of students seeking quality living spaces. Supply Constrained Markets: Birmingham, London, and Bath hold a distinct charm, making the competition for student housing fierce. Supply is limited, and the value of accommodation is amplified. Read the full report here: https://lnkd.in/egRffjXp #StudentHousing #UKEducation #KnightFrankInsights
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This week, an intriguing article caught our attention from across the Irish Sea. It highlights the Irish government's commitment to increasing funding for universities to transform vacant and derelict commercial properties into much-needed student accommodation. This initiative aligns seamlessly with our longstanding portfolio focus, and we are delighted to see the growing trend in various regions embracing regeneration for purpose-built student accommodation. https://lnkd.in/eUYScdNf #regeneration #propertyinvestment #studentaccommodation #studenthousing #housing #housingcrisis #propertyrestoration #residentialinvestment #residentialdevelopment #propertydevelopment
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🗞️ You may have heard some recent discourse suggesting that international students are causing the housing crisis in Australia, however, a new report by the Student Accommodation Council provides a different perspective. This report aims to clarify these misunderstandings and outline the real factors driving Australia's housing crisis, as detailed in the report.
International Students Are 'Not to Blame' For The Housing Crisis, a New Report Finds - Insider Guides
https://insiderguides.com.au
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A recent Knight Frank assessment of future Purpose-Built Student Accommodation (PBSA) investment suggests London has the largest pipeline of around 26,000 student beds either under construction or with planning granted. Other major UK markets include Manchester (10,500), Bristol (8,700), and Nottingham (7,600). This signals confidence in this real estate category for the foreseeable future... https://n9.cl/yl523 via Development Finance Today #RealEstate #RealEstateInvestment #PBSA
Student accommodation deals soar to almost £750m in Q1
developmentfinancetoday.co.uk
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The number of housing completions in Ireland in 2023 stood at 32,695 units. This is a 10% increase on 2022. There were also an additional 1,708 units delivered back into the housing stock, from Unfinished Housing Developments and by way of reconnections. There were also 1,450 student accommodation units completed in 2023. The total addition to the housing stock in 2023 in Ireland was 35,853 The top ten areas in the Country for new housing completions for 2023 were: 1. Glencullen/Sandyford - 1,255 2. South West Inner City, Dublin - 1,033 3. Tallaght South – 784 4. Killiney/Shankill - 708 5. Lucan - 675 6. Ongar - 594 7. Clondalkin - 548 8. Cabra/Glasnevin - 548 9. Rush & Lusk - 532 10. Naas, Kildare - 530 #Housing #Ireland #Construction #PublicAffairs #Policy #Planning #Dublin
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