Forward supply

Student accommodation development pipeline

Student accommodation schemes moving through the UK planning system, the incoming bedspaces that will add to operational stock. We fund the build.

15
PBSA schemes in planning
15
Awaiting decision
0
Approved
8
Counties

The standing stock already trading is only half the picture. New student accommodation is created through the planning system, and the schemes below are the student-accommodation applications we track moving through it: new purpose-built blocks, studio and cluster schemes, plus the office-to-PBSA conversions and changes of use that bring new bedspaces into supply. For a developer or investor this is the forward pipeline; for a lender it is where the next development facilities will be drawn.

We arrange development, forward funding and conversion finance for these schemes, usually to around 60 to 70 percent of cost, sized on the end value and the operator that will run the scheme. This is finance for the build and the investment, not a student loan or help paying rent.

By type

What is coming through planning

Student accommodation schemes in the pipeline by type.

7
Cluster-flat scheme
4
Conversion to PBSA
3
Purpose-built student accommodation
1
Studio-led scheme
Schemes

Student accommodation schemes in the planning pipeline

The largest and most recent student accommodation schemes we are tracking. Bedspace figures are indicative, parsed from the application where stated.

LocationSchemeSettingBedsStatus
Brixton Application for a deed of variation pursuant to Section 106 Agreement dated 6 March 2013 ( Purpose-built student accommodation 1093* Awaiting decision
Southampton Redevelopment of the site. Demolition of existing buildings on the site of Connaught Halls Cluster-flat scheme 816* Awaiting decision
Canton Change of use of vacant offices to student residential accommodation comprised of a mixtur Cluster-flat scheme 17* Registered
Cardiff Bay Change of use of vacant offices to student residential accommodation comprised of a mixtur Cluster-flat scheme 17* Registered
Cardiff City Centre Change of use of vacant offices to student residential accommodation comprised of a mixtur Cluster-flat scheme 17* Registered
Cathays Change of use of vacant offices to student residential accommodation comprised of a mixtur Cluster-flat scheme 17* Registered
Pontcanna Change of use of vacant offices to student residential accommodation comprised of a mixtur Cluster-flat scheme 17* Registered
Splott Change of use of vacant offices to student residential accommodation comprised of a mixtur Cluster-flat scheme 17* Registered
Cambridge Change of use of the first and second floors from Sui Generis Use (Takeaway) to Class C2 ( Conversion to PBSA n/a Awaiting decision
Cambridge Part demolition of the existing Romsey Labour Club with retention of the BLI historic fron Studio-led scheme n/a Awaiting decision
Derby Variation of condition 4 (use of the building) of previously approved planning permission Conversion to PBSA n/a Awaiting decision
Cirencester Compliance with condition 44 (CMP) for Parcels 2D and 2E of permission 16/00054/OUT - Outl Purpose-built student accommodation n/a Decided
Cirencester Partial compliance with conditions 44 (Construction Management Plan), 45 (Public Transport Purpose-built student accommodation n/a Awaiting decision
Lincoln Partial demolition of The Lincoln Liberal Club; demolition of building at 5 St Swithins Sq Conversion to PBSA n/a Pending Consideration
Oxford Variation (or removal) of conditions 2 (plans), condition 4 (materials), condition 5 (wind Conversion to PBSA n/a Registered

* Indicative bedspace count parsed from the planning application text. Source: local planning authority records. Student accommodation applications only; coverage is partial pending fuller planning data.

By county

Pipeline by county

Where new student accommodation is coming forward.

CountySchemesIndicative beds
Cardiff6102
Cambridgeshire2n/a
Gloucestershire2n/a
Derbyshire1n/a
Greater London11093
Hampshire1816
Lincolnshire1n/a
Oxfordshire1n/a
Finance

Funding a student accommodation development

The structures we arrange for new student accommodation.

Student accommodation development financeForward funding and forward commitment for student accommodationStudent accommodation bridging financeStudent accommodation stabilisation financeStudent accommodation mezzanine finance and JV equity

Building or converting student accommodation?

Send us the scheme and the operator and we will come back with a view on development finance and likely terms.