London:
  • Asset:

    PBSA

  • Loan Amount:

    £11m 

  • Year:

    2022

  • Client:

    Overseas Investors

  • BBS Capital were engaged to secure acquisition financing to support the purchase of a purpose-built student accommodation (PBSA) property.
  • This was the Sponsor’s first investment in PBSA, and they are looking to pursue an aggregation strategy in the sector.
  • The loan was competitively priced, allowing the Sponsor to lock-in a fixed funding rate below 4.0% p.a., against the backdrop of a volatile interest rate environment.