ARTICLES LABELLED WITH TAG pbsa
03
Aug
2022
Aug
2022
Student accommodation rents soaring across Europe
The Purpose-Built Student Accommodation (PBSA) sector is recording an increase in rents across Europe, consolidating a trend that has been observed in recent years. On average, rents increased by 9.7% (970 BPS) in the academic year September 2021–September 2022, with some significant spikes in Central and Eastern Europe (CEE), according to research by Bonard. The growth of rents is shaped by the interplay between increased demand and rising inflation and interest rates.
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30
May
2022
May
2022
Xior buys Basecamp for almost €1 billion
Xior Student Housing has signed a deal with Basecamp Group, European Student Housing Fund I and European Student Housing Fund II to purchase Basecamp's portfolio of private student accommodation for €939 million.
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15
Mar
2022
Mar
2022
Polish residential developers to look for alternative sales channels
Kamil Kowa, Member of the Board at Savills Poland talked to Property Forum about the rapid development of the Polish private rental sector, its attractiveness for investors and the current state of PBSA industry.
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09
Feb
2022
Feb
2022
PBSA occupancy across Europe climbs back to pre-pandemic levels
Occupancy levels in purpose-built student accommodation (PBSA) have on average reached pre-pandemic figures in many countries, a new study released by market research and advisory specialist Bonard shows.
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17
Dec
2021
Dec
2021
Rising student numbers in Europe to drive PBSA demand
A rapid growth in student numbers will drive demand for student housing in the next five years across all larger European university hubs – especially major Spanish and Italian cities, Savills forecasts. Also in Poland, prime PBSA occupancy remains high despite the pandemic and provision of student accommodation is expected to grow soon across Polish cities.
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07
Apr
2021
Apr
2021
Prague’s PBSA market set to grow further
The total stock of purpose-built student accommodation (PBSA) in Prague exceeds 28,400 beds. 91% of these capacities are in the ownership of universities and the remaining 9% is provided by the private sector, according to the latest Savills “Student Housing in Prague” report.
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22
Feb
2021
Feb
2021
Value One and Nuveen Real Estate to enter Polish PBSA market
Eagle JVCo, the investment vehicle established in 2019 between Vienna-based Value One and Nuveen Real Estate on behalf of its parent TIAA, has agreed to acquire a portfolio of purpose-built student housing and two development sites in Poland.
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17
Feb
2021
Feb
2021
PBSA occupancy rates remain higher than expected across Europe
The impact of COVID-19 on the purpose-built student accommodation (PBSA) sector has been less severe than expected, proving the resilience of the asset class, as shown in Bonard’s annual report.
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Latest news
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- Fiege tops 50,000 sqm of leased space in Panattoni projects
- Panattoni sells 32,000 sqm logistics park in Ruda Śląska
New leases
- Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
- The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
- Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
New appointments
- CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
- Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
- Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
