A 2005 built student accommodation scheme comprising 86 en-suite beds in 13 cluster flats. Leased to the University of Gloucester to 2030 with upwards only RPI-linked reviews every 3 years.
Service
Investment Brokerage
University Partnership Agreement
Headlease Acquisition
AREA in Action
AREA advised on the successful acquisition of Ermin Hall
Investment Brokerage services to acquire the property.
Scenario tested re-geared and FRI leased scenarios at a rebased passing rent and lease term length.