We are Purpose Built Student Accommodation (PBSA) investment and development specialists, with extensive experience in the UK and now throughout Europe.

 

In Italy, in 2020, we acquired two buildings in Florence, a former clinic and an office building. The first, S4, (111 beds) opened in September 2022 and the second, Il Santo (220 beds) in May 2023. These deliver modern PBSA facilities hitherto unavailable in the historic centre of Florence. We major on design, quality and health & safety standards expected by universities and international students.

 

We have well over half a century’s experience within the PBSA sector, including three pioneering PBSA businesses successfully exited:

• 1997: Varsity Funding,

  • issue and securitisation of university finance;

• 2001: UniLodge,

  • UK’s then-largest privately-owned PBSA chain,

  • sold to Unite Group;

• 2018: CRM,

  • UK’s largest independent operator of PBSA,

  • sold to Corestate.

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We have a corporate alliance with leading independent UK and now European manager of PBSA, CRM, thus creating a platform to deliver the complete package of acquisition, development and/or refurbishment, marketing, letting, operations & asset management and exit.

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In achieving our objectives, we work with a small and experienced group of international investors and a strong team of Italian professional and technical advisors.

 

We are dedicated to delivering high-quality ESG standards, incorporating sustainability in our work, partnering with local professionals and enhancing the cities in which we work.