Summary:
- Adhan Group has acquired the 244-bed Friargate Court PBSA scheme in Preston from administrators FRP Advisory, marking a strategic expansion in the UK student housing market.
- The purpose-built campus, completed in 2016 at a cost exceeding £20 million, features cluster en-suites, studios, and amenities including a gym, communal lounge, games area, and retail space.
- Adhan Group’s retail division is targeting additional PBSA acquisitions across the UK, aiming to grow its portfolio over the next 12 months in partnership with strategic collaborators.
Original article:
https://benews.co.uk/adhan-group-acquires-preston-pbsa-scheme/
