Summary:
- Investec Bank has provided a £19.25m senior development loan to Barwood Capital for a 233-bed student accommodation project in Edgbaston, combining heritage refurbishment with new-build construction on the former St Chad’s Hospital site.
- Barwood Capital acquired the £30m St Chads Student Village scheme in August 2025, marking its first entry into the PBSA sector, and is working with Cassidy Group and investor Dudley Taylor to deliver the development by the 2026/27 academic year.
- The 36-month loan facility from Investec is designed to support accelerated construction and complex delivery timelines, reflecting the bank’s ongoing commitment to the UK PBSA market, where it has provided around £1.2bn in funding since 2011.
Original article:
https://www.placemidlands.co.uk/barwood-bags-investec-backing-for-birmingham-pbsa/
