Summary:
- Arc & Co. arranged a £21.5 million development facility with Hampshire Trust Bank to fund a 210-bed purpose-built student accommodation project in central Nottingham, targeting completion for the 2027 student intake.
- The project addresses ongoing accommodation shortages driven by strong student demand from the University of Nottingham and Nottingham Trent University, reinforcing Nottingham’s position as a high-demand PBSA market.
- Hampshire Trust Bank strengthens its presence in the student housing sector through this complex development finance deal, while Arc & Co. continues to lead significant UK funding transactions across residential, student, and hospitality sectors.
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