ATHENS,
Ga., May 15, 2024 /PRNewswire/ -- Landmark
Properties, the leading vertically-integrated developer of student
housing in the United States,
today announced its expansion into the United Kingdom and Ireland. This strategic move builds upon a
near-decade of industry-leading development volume, including
record-setting 2023 performance (delivering 25% of US off-campus
student housing in 2023). Landmark is assembling a seasoned
UK-based team spearheaded by the recent hiring of development
professional Tom Banning as Director
of UK & Ireland Development.
"As Landmark Properties celebrates its 20th anniversary this
year, we are thrilled to announce our expansion into the European
market," said Wes Rogers, President
and CEO of Landmark Properties. "We see a tremendous opportunity to
develop purpose-built student housing in the UK and Ireland and are confident that our expertise
in developing high-quality student accommodations will be
well-received."
The UK and Ireland offer
attractive opportunities for student housing development due to a
supply-demand imbalance, rising enrollment numbers, and a less
mature market than the US. Landmark Properties is committed to
developing high-quality student accommodations throughout these
markets, leveraging its deep expertise to meet the region's needs
and create strong yields for its partners.
About Landmark Properties
Headquartered in
Athens, Ga., with an office in
Atlanta, Landmark Properties is a
fully integrated real estate firm, specializing in the acquisition,
development, and management of high-quality residential
communities. With $13 billion in AUM,
Landmark's portfolio includes over 115 residential communities
across the country with 71,000 beds under management. Additionally,
Landmark benefits from an active development pipeline with 22
student and multifamily projects under construction or near term
start with an estimated value of nearly $5
billion. Landmark's mission is to be the leader in
development, construction, operations, and investment management of
high-quality residential communities, delivering unrivaled service
and experience to our residents, partners, and employees. For more
information, visit www.landmarkproperties.com.
Media Contacts:
Great Ink Communications – (212) 741-2977
Lindsay Church 377804@email4pr.com
Sara Williams 377804@email4pr.com
Eric Gerard 377804@email4pr.com
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SOURCE Landmark Properties