A 148 bed PBSA scheme delivered for the 2023/24 academic year under a forward funding transaction structure. Located close to Edinburgh University.
Service
Asset Mobilisation
Operational Oversight
Revenue Enhancement
AREA in Action
Actioned mobilisation workstreams ahead of Asset practical completion including compliance with Development Funding Agreement and rent setting / launch.
Negotiated new summer let partnership agreements.
Managed leasing strategy and lease up, achieving 100% occupancy and +6% gross revenue versus rent setting budget.