Landmark Properties announced today that it has acquired a 15-acre site at 1345 28th Street near the University of Colorado Boulder (CU Boulder) in Boulder, CO. The firm will begin construction on The Standard at Boulder, a 936-bed student housing community, Landmark...
Capital Raising & Investment
Emerging Eurozone PBSA markets quickly catch up with mature markets, but face operational challenges
Southern European PBSA markets may be growing and catching up to the more mature northern markets, such as the U.K., but face operational challenges. Indeed, the tide is coming in for opportunities in southern European markets such as Spain, Portugal, and Italy. Most...
Building owners must be agile in response to internet connectivity and AI requirements: SHURE GTA technologists
High-level technologists who convened at SHURE GTA have an urgent message for commercial building owners, especially those accommodating to students: You must be forward-thinking about building connectivity, or you'll lose tenants and struggle with operations and,...
Harrison Street Announces PBSA Expansion for Simon Fraser University and University of Victoria
Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets with approximately US$56 billion in assets under management, announced its continued expansion in Canada through two student housing transactions in British...
Active Canadian investors attempt to digest current market conditions in SHURE GTA huddle
A group of active Canadian investors convened by The SHURE Initiative appeared baffled by today's unusual real estate climate, noting they are attempting to 'digest' current conditions. While the investors convened on stage following lunch on the second day of SHURE...
Canadian investor Toby Chu thinks real estate capital markets are thawing but warns of minefields on the path to more activity
Toby Chu is the Chairman and CEO of CIBT Education Group Inc., one of the largest owners and operators of PBSA in British Columbia, with 1,400 beds across eight operating buildings, serving students from 92 colleges and universities. CIBT owns 31 colleges in Canada....
Dan Smith urges PBSA execs in the U.K. and internationally to make changes in response to evolving demographics and the lack of affordable housing: “We have to do it now”
Dan Smith has a jolting message for the PBSA industry, especially in the U.K. By 2026, the U.K. will have a shortfall of 500,000 beds, while the current rate of building is delivering only 10,000-15,000 beds per year. "So we are making a dent on that sort of...
BMO Chief Economist expresses limited optimism for 2024: “The Canadian economy is basically stalled”
Sal Guatieri struck a more optimistic tone at this year's SHURE GTA event on November 16, compared to comments at the same event in late 2022. Guatieri, who has been working at BMO for three decades, thinks there are positive signs for real estate, yet a more normal...
Now’s the time to be looking to buy Italian PBSA, according to William fforde of Domatia: “We wouldn’t be creating this fund if we didn’t believe it would work”
Veteran developer-investor William fforde, a founder of UniLodge, the U.K.'s first nationwide independent chain of direct-let student accommodation sold in 2001, freely admits that his hair is greying. Today, William and his Domatia colleagues are meeting the...