Fusion Group and Cheyne Capital Secure Canada Water Development Site

Summary:

  • Fusion Group and Cheyne Capital have agreed to acquire a portion of Art-Invest Real Estate’s Dockside Canada Water site in Southwark, London, to deliver a large purpose-built student accommodation (PBSA) scheme valued at around £350 million.
  • The acquisition covers a plot within the mixed-use Dockside Canada Water development previously owned by Art-Invest Real Estate. Fusion and Cheyne plan to use the site for a student-led residential scheme, targeting approximately 742 student beds alongside additional residential units, including affordable homes.
  • Canada Water Dockside is being developed as a new commercial and mixed-use hub, combining office, residential, and amenity spaces around the waterfront with a focus on sustainability and modern workplace design. The student scheme will form a key part of the residential offering within the wider Dockside ma

Original article:

https://www.ukreiif.com/investment-news/fusion-group-and-cheyne-capital-acquire-dockside-canada-water-plot-for-350-million-student-accommodation-schem

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