Barings makes move in to PBSA market
UK: Barings has made its first European PBSA investment in a £43.8 million deal to forward fund the development assets in London and Manchester.
UK government brings in national regulator for building materials
UK: Housing secretary Robert Jenrick says that a new regulator for construction products will have the power to remove any product from the market that presents a significant safety risk and prosecute companies who break safety rules.
Gravity raises $1.4 million for coliving expansion
UK: London-based coliving start-up Gravity has raised $1.4 million to fund its growth plans.
Quarters, the "WeWork of coliving", files for US bankruptcy
US: Several properties and companies linked to Quarters, the coliving brand of Berlin-based Medici Living Group, have filed for Chapter 7 bankruptcy.
![Renaissance Hotel, Manchester [Credit: Urban & Civic]](/media/5653/t-1-tlx.jpeg?quality=20)
Starwood Capital JV plans £200m mixed-use redevelopment
UK: A controlled affiliate of Starwood Capital, through a joint venture with Property Alliance Group (PAG), has acquired the Renaissance Manchester site from Urban & Civic with plans for a mixed-use scheme including a new hotel, offices and homes.
IHG to open dual-branded Nottingham property on major mixed-use site
UK: Developer Conygar has submitted detailed plans for a dual-branded Staybridge Suites and Hotel Indigo property at Nottingham’s Island Quarter development.
Dublin coliving scheme gets green light ahead of ban
Ireland: An Bord Pleanála has granted permission for a seven-storey coliving complex with 378 beds and communal facilities.
Singapore mixed-use scheme to feature coliving units
Singapore: Real estate management services group LHN is planning to launch a mixed-use development on Singapore's Keppel Road next month.
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