Summary:
- YTL Developments has secured a £119 million debt facility from Nomura to fund a premium student accommodation scheme at Brabazon, a new town in Bristol, delivering 1,514 beds across four blocks by autumn 2027 near the upcoming railway station.
- The financing deal marks the first in a series of strategic funding activities for Brabazon, reflecting Nomura’s confidence in the institutional quality and long-term placemaking ambition of the development.
- Cushman & Wakefield advised YTL on the financing, with all parties highlighting the project’s role in urban regeneration and addressing the acute shortage of premium student housing in the South West.
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