The funding will see Torsion Group develop a purpose-built student accommodation block, providing 205 studios for the 2026 academic year.
Related topic: PBSA
Inspired Lending has successfully completed a £1.22m bridging loan to facilitate the investment in a Purpose-Built Student Accommodation site.
Since Paragon Development Finance launched its Purpose Built Student Accommodation proposition, it has lent £216m for PBSA schemes across several major UK cities.
Investment in the highly lucrative Purpose-Built Student Accommodation sector during the first half of this year was "significantly higher" than the £1.1 billion invested in H1...
The deal was completed within a month of the mandate being handed to Leumi UK and marks the fourth completed student accommodation deal between both parties
The deal was completed within two weeks and has helped to ease demand for student accommodation in the city.
The new development is helping to address a shortage of 230,000 student beds in the UK.
Despite ongoing turbulence in the wider markets, the UK student accommodation sector continued to attract significant levels of investment during the first few months of the year.
Student accommodation portal and data provider, StuRents, has revealed that the supply vs demand imbalance in the student sector is likely to worsen in the coming years, with the...
Including huge differences between private PBSA and PRS costs, new research from JLL highlights why more purpose-built accommodation would not only benefit students but the wider...
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