"This transaction reflects Investec's long-standing relationship with the YourTRIBE borrower group and its continued support for the business as it expands across the London PBSA market"
- Ian Burdett - Investec Real Estate
Investec Bank has provided a £46.95m senior investment loan to purpose-built student accommodation operator YourTRIBE, refinancing its newly completed 226-bed scheme in Elephant & Castle.
The facility refinances the existing lender and supports continued investment across the YourTRIBE platform. It marks Investec's second completed deal with the group, following a £37m facility for YourTRIBE's South Bermondsey PBSA scheme, and builds on a relationship between Investec and the wider borrower group spanning more than 20 years.
The scheme is already trading with students in occupation. Located close to Elephant & Castle Underground Station, it gives residents strong access across London and sits within a market characterised by structural undersupply of student beds relative to demand.
"This transaction reflects Investec's long-standing relationship with the YourTRIBE borrower group and its continued support for the business as it expands across the London PBSA market," said Ian Burdett of Investec Real Estate.
"The senior investment facility provides YourTRIBE with certainty of execution and helps refinance a high-quality, newly completed asset, while supporting the next stage of growth for its platform.
"The scheme is already operational and well located in Elephant & Castle, an area with strong transport links and access to London's large and diverse student population. Investec continues to back experienced operators delivering professionally managed accommodation in locations with compelling market fundamentals."
YourTRIBE's investment director welcomed the deal. "Investec has delivered a facility that aligns perfectly with our capital requirements and growth plans," said James Rogers. "The Elephant & Castle scheme represents exactly what we aim to deliver; professionally managed, well-located accommodation serving London's undersupplied student market. We're pleased to deepen our partnership with a lender that understands the fundamentals of the sector and the opportunity ahead for YourTRIBE."
The transaction adds to Investec Real Estate's track record in UK student accommodation and co-living, having completed £226m of transactions during FY2025/26 and £462m across the last three financial years.
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