Puma Property Finance

Live

£19m facility to fund the development of a new build PBSA scheme in Brighton

Southeast England

LOCATION

Student accommodation

SECTOR

Development loan

LOAN TYPE

Overview

Puma Property Finance has provided a £19.4 million loan to finance the development of a 135-bed PBSA scheme in Brighton. The accommodation comprises 135 self-contained studio bedrooms, together with various communal and service facilities, including a games area, secure bike storage and laundry facilities, over the part-4 and part-5-storey blocks.

The development provide much-needed accommodation to the more than 31,400 full-time students in Brighton.

 

Figures are subject to rounding.