Barclays provides student accomodation debt – Luton
Barclays Corporate has provided £27.4m senior debt finance for Campus Living Villages to develop student accommodation at the University of Bedfordshire.
The student accommodation provider is planning to build an 850-bed scheme for the University of Bedfordshire at its Park Square Campus in Luton. It will be delivered in two phases between August 2011 and 2012, and include en-suite rooms, studios, as well as communal areas for socialising and studying.
This is the second UK project by Campus Living Villages. It announced its first UK project with the University of Salford in December 2008, which was also funded by Barclays. The company owns, manages or has developed accommodation with around 35,000 beds in partnership with 50 universities globally …