Arc & Co. has arranged a £9.4m mixed-use portfolio refinance with GB Bank, using PBSA top-slicing to structure a five-year facility at 71% LTV for a prime West End client.

Firethorn secures Gateway 2 approval for its Stratford PBSA development, enabling full construction of 284 student beds with 35% affordable units.

The loan runs for 15 months, funding upgrades to an existing purpose-built student accommodation asset.

The refinancing is backed by three assets totalling 373 student beds across Dundee and Portsmouth, plus a 23-unit Bristol industrial park.

Abode Student Leatherworks in Nottingham is forecasting 40% of capacity pre-booked 18 months before its September 2028 opening.

The Watkin Road scheme will deliver 609 student beds and 12,275 sq ft of commercial space.

The PBSA building comprises 196 studios and achieved 100% occupancy immediately after opening.

Developers delivered 19,600 new beds, a 20% increase year on year.

219 student apartments will be delivered through the south London conversion.

Peppermill Court will include 239 beds, including 12 adaptable and accessible en-suites.