Milestone for student accommodation scheme helping revive former industrial site
A landmark stage has been reached in the construction of a purpose-built student accommodation scheme on one of the region’s largest regeneration sites.
CLS Holdings Sells Spring Mews Student Accommodation for £101.1 Million
CLS Holdings plc has announced the sale of its Spring Mews Student accommodation in Vauxhall, London, to Rosethorn Capital Partners and Barings for £101.1 million. This transaction aligns with the property’s 2024 valuation and exceeds the 2023 year-end valuation by 8.1%.
Former Firehouse bar in Southampton to become student flats
Southampton City Council has approved plans submitted by private development company, Danehurst Limited, to build “purpose-built student accommodation,” at the site of the former Firehouse pub in Vincents Walk.
Aldermore increases student accommodation developer’s facility to £58.5m
With the facility, the group will refinance its recently developed student accommodation projects which will add 170 new bedrooms in city locations, adding to their extensive portfolio. This new deal brings Aldermore’s total lending with Kexgill to £58.
Puma’s ILF registers significant loans involving PBSA schemes
Puma Property Finance (Puma) has announced that, in its first year, its impact lending framework (ILF) registered £145m of development loans targeting qualification under the scheme. In 2024, Puma provided seven loans totaling £145m that are targeting ILF certification.
Douglas & Gordon and Hilltop Capital form JV
Douglas & Gordon and Hilltop Capital Partners have announced a strategic joint venture to provide fast and flexible bridging finance tailored specifically to property developers and investors across the UK. The joint venture aims to deploy more than £200m over the next 18 months.
Plans for 112 student flats in Edinburgh pass the final hurdle with Leith warehouse...
Pulsar Property had its plans for 27 Arthur Street approved last summer, and has now received Conservation Area Consent for demolition of the existing...
Investec provides £86.5m for PBSA portfolio refinancing
Investec Bank plc has provided Global Student Accommodation (GSA) with a £86.5m refinancing loan secured against a portfolio of five stabilised PBSA assets in England.
Student housing proposed to sit above Thameslink tunnels near King’s Cross
An unusual building has been proposed for a vacant site on top of the Thameslink railway tunnels between King’s Cross and Farringdon stations.
Developers eye up historic house as site of new 170-bed Cork student housing scheme
Developers want to use a historic 1900s mansion as college accommodation as part of a huge development project to create nearly 200 new student beds in Cork city.