Press

Summix Capital has been given the green light for a new mixed-use scheme in Bath which will deliver 52 student studios and 28 student en-suite rooms.

Property Week and Student Roost brought together a panel of industry experts to discuss the challenges facing the purpose-built student accommodation sector and the opportunities that have opened up this year.
Partner at Summix Capital, Niamh O’Connor: "We remain upbeat about the sector. Transaction volume is still there; it might be slightly lower than where it has been, but long-term institutional investors still see a lot of resilience in the market. We are not seeing any transactional distress; banks are not pulling the carpet from under people. Part of the reason we are still active is we see the recovery period coinciding with construction periods. If you have a two-year construction period, we think the market will have actively recovered from Covid and there will be pent-up demand that will need to be fulfilled for the academic year in 2022-23, for example."

Student Roost has bought two new sites for PBSA schemes in York and Bristol from Summix Capital.......Under a £70m forward funding deal with Watkin Jones, Student Roost will deliver a 291-bed scheme at Unity Street in Bristol - its first scheme in the city - and a 368-bed property at Frederick House in York. ....“It’s fantastic news that we’ve been able to agree this deal with Summix Capital and Watkin Jones, particularly in the current environment,” said Student Roost chief investment officer Stephen Rigby..... Stuart Black, development director at Summix Capital, commented: “We are delighted to have completed the sales of these two fantastic sites during such difficult times, which is testament to the quality of the projects and the parties involved, and are excited to see them progress through to the next stage of their development.”

Planning permission is being sought for the constructions of a new hotel in Galway City Centre, down by the docks, with 186 bedrooms. Plans have been submitted by Summix BNM Developments to the city council to demolish a vacant industrial building on Lough Atalia Road next to Forthill Cemetery.

Located within the Old Town Conservation Area, in the heart of Edinburgh’s UNESCO World Heritage Site, the project lies adjacent to the A-listed Old Tolbooth Wynd and Canongate Kirk.

London-based developer Summix Capital has got the go-ahead for a high-rise hotel in the tech city quarter of London near Old Street roundabout.

Summix Capital given approval for four-storey building off Tolbooth.

Round Hill Capital and NBK Capital funds have acquired a 368-bed student accommodation development in Ireland.

Planning permission has been granted on appeal for a three student accommodation blocks between eight and 15 storeys tall.

...An open consultation process was advertised and encouraged and those with genuine interest have come forth to express their opinion, to have an input into this process...

Augustine Hill streets-in-the-sky scheme beside train station to house 1,000 people

'All parties have worked together and delivered something groundbreaking for the city'.

Property industry leaders have said investment in student accommodation projects in Scotland could be jeopardised if business rates are imposed on developments as proposed by MSPs.

Garden city principles provide a blueprint for the large scale housebuilding required to solve the UK's housing shortage.

Planning consent has been granted student accommodation scheme in York comprising more than 350 beds.

Student Roost and Property Week assembled a panel of experts to discuss the key issues, challenges and growth opportunities for purpose-built student accommodation in the UK.

Summix Capital has been granted planning approval by Bristol City Council for a mixed-use development on Unity Street in Old Market, Bristol.

An Bord Pleanála has given the green light for 368 student bed spaces in Dublin’s Liberties, where the promoters are promising to provide high-end student accommodation “akin to a boutique hotel”.

Q Investment Partners (QIP) and HG Developments (HGD) have purchased a 198-bed purpose-built student accommodation (PBSA) site in Edinburgh from property developer, Summix, enabling the delivery of a £30 million development.

Planning permission has been granted for student apartments in Cork city centre.

‘Ceannt Quarter’ development to include hotel, residential, community and retail.