GRAHAM has been nominated for an award for its True Nottingham purpose-built student accommodation (PBSA) scheme. The project is part of the wider efforts to meet the UK Government’s target of 300,000 new homes annually, which has significant implications for the construction industry.
Scheme Details
The True Nottingham PBSA is designed to cater to the growing demand for student housing in the area. As developers continue to focus on delivering high-quality living spaces for students, GRAHAM‘s initiative stands out for its commitment to excellence and sustainability.
Recent Developments
In addition to the True Nottingham nomination, GRAHAM has recently broken ground on another PBSA project at Loughborough University. This development is expected to further enhance the student accommodation landscape in the region.
Financial Arrangements
AFIG has arranged a £10 million facility for the delivery of Deakin’s Yard PBSA, which is another significant project contributing to the expansion of student housing in the UK. This financial backing is crucial for ensuring timely completion and quality standards in PBSA developments.
Industry Insights
A report drawing on the views of 700 Build to Rent developers, investors, and funders highlights the forces shaping the PBSA market. This insight is vital as the sector adapts to meet the evolving needs of students and educational institutions.