Summary:
- Atelier provided a £26.2 million development loan to refinance a 196-studio PBSA project near the University of Warwick, supporting construction, completion, and a timely build programme.
- The joint venture between Zenzic and Torsion, developed by Torsion and managed by LUNA, achieved full occupancy shortly after opening, featuring amenities such as a gym, private dining room, and rooftop terrace.
- The refinancing marks a successful transition from development finance to long-term investment, underscoring effective collaboration between funding and delivery teams in the PBSA sector.
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