£25.2m – 300 Room PBSA Acquisition In Surrey (August 2021)
Our client a Middles Eastern investment fund agreed to purchase this asset at c£43m. The property comprises a recently constructed (2017) Purpose Built Student Accommodation of 300 rooms. We were able to assist the client with a Sharia-Compliant Murabaha facility with a new-to-client bank. The property is run and operated by CRM, a well-respected PBSA operator.