Queen Street Studios, Exeter

Exeter

Queen Street Studios, Exeter

PBSA

City

Exeter

Client

Institutional UK Fund

Service

Lot Size / Asset Size

An operational PBSA scheme comprising 132 units, located close to Exeter University an City Centre.

Service

  • Operational Oversight
  • Revenue Enhancement
  • Property Management Agreement Retender

AREA in Action

  • Established new leasing and revenue model increasing gross term time revenue by 4.6% Year-on-year.
  • Retendered the property management services achieving a like-for-like reduction of 8.7% on operating expenses and property management fees.