PBSA, Nottingham
development Loan
London Wall has provided a £84.5m loan for a purchase of the land and construction of the 13 storeys purpose-built student accommodation for 752 en-suite bedrooms with high-end specification in Nottingham. The scheme is due to be complete in September 2025.
- Location: Brook Street, Nottingham.
- Loan Amount: £84.5m
- Type: PBSA Development
- Term: 28 months
- LTGDV: 64.75%.
Key ESG considerations: EPC rating A / B, on-site communal facilities will include a gym, study room, games room, lounge, café, courtyard, and cycle parking. S106 contribution totals £817K and includes Open Space contribution £713K. 615 construction jobs generated.
