For Financial Advisers

Puma Investments

Exited

£12m facility to fund the development of a new build PBSA scheme in Belfast

Student scheme in Northern Ireland

£12 m

FACILITY AMOUNT

MAY 2021

Northern Ireland

LOCATION

Student accommodation

SECTOR

Development loan

LOAN TYPE

Overview

A £11.9 million development loan to fund a 172-bed purpose-built student accommodation (PBSA) scheme in Belfast, the third PBSA site it has funded in the city. The scheme is located less than a 5-minute walk from Queen’s University in a popular part of Belfast city centre.

 

Figures are subject to rounding.