Summary:
- Watkin Jones and Maslow Capital have acquired a site in Bristol to develop a 484-bed purpose-built student accommodation (PBSA) scheme, expected to reach a gross development value of £101.7 million upon stabilisation.
- The Bristol development, located near Bedminster train station and the University of Bristol’s Temple Quarter campus, will feature studios and 40 non-en suite rooms, with part of the accommodation nominated by the university, targeting BREEAM Excellent, EPC B, and WiredScore Silver sustainability ratings.
- This acquisition is the second joint venture between Watkin Jones and Maslow Capital, following their collaboration on The Ard in Glasgow, reinforcing their partnership and expanding their footprint in the UK PBSA market.
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