Our clients are seasoned Middle Eastern investors looking to increase their PBSA portfolio. They acquired this asset from a local developer – it comprises 311 self-contained unit plus four further apartments . The property was newly refurbished and a management agreement was in place a with a significant local PBSA operator. A Sharia-Compliant facility was arranged and a new-to-client lender relationship was established.
£11.8m – Facility To Acquire 315 Student Accommodation Units In Newcastle upon Tyne (November 2020)
