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Prime 814-bed PBS Forward Funding Opportunity

Birmingham, Vereinigtes KönigreichAdresse freischalten

72%

Angebote eingeladen

Sonderimmobilie

#34457

Value-Add

28 Sep 2024

Immobilieneinzelheiten

Makler

Zu verkaufen

Mietfläche

814

Eigentum

X

Gebühren

0.00 %

0.30 %

0.30 %

Investitionsübersicht

Unrivalled opportunity to acquire a premium PBSA development in the UK’s second largest city. The scheme will comprise 814 bed spaces comprising 572 studios and 242 ensuite cluster beds, Significant internal amenity space totaling 674.50 sq m to promote well-being including a cinema room, yoga studio, study areas, communal lounge, games room, social spaces, social media room, and private dining rooms. Birmingham is home to 5 Higher Education Institutions, including three universities within a 10-minute walk from the site - Aston University (2-min walk), Birmingham City University (10-min walk / 4-min cycle), Birmingham Metropolitan University (10- min walk / 3-min cycle). 44,290 full-time students study within a 10-minute walk of the scheme, of which 8,450 are international. The University of Birmingham forms part of the Russell Group and is ranked 22nd in the country by the Times Good University Guide. Significant undersupply of PBSA in Birmingham with 52,176 (66%) of full time student unable to access PBSA at current supply levels. This equates to a 2.98 student to bed ratio. Construction has commenced with WinVic acting as contractor with practical completion due in late Q1 2026.