Knight Frank sells Newcastle PBSA asset for £28.75m

Global property consultancy Knight Frank has facilitated the £28.75m sale of a PBSA asset in Newcastle. Situated in the heart of the city’s vibrant Quayside area, the Newcastle PBSA property is an institutional-grade scheme comprising 416 beds.

The property offers a mix of accommodation, with 85% en-suite rooms and 15% studios, complemented by on-site amenities such as a cinema room, laundry facilities and bicycle storage …

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