Bristol and Bath

Loan Type

Investment Loan

Purpose

To refinance multiple development loans which enabled the development of four PBSA assets (118 beds) in Bristol and Bath.

Exit

Continue to let the PBSA on the open market to maximise rental income.

Loan Strengths

  • Well located city centre assets with strong internal specifications
  • Experienced PBSA developer specialising in the Southwest with a dedicated in-house management team
  • Local market dynamics are favourable with an undersupply of newbuild city centre PBSA and a rising student population
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