The loan has been provided to Torsion Group to develop the scheme, which will comprise of a 205-studio block in a student area around Kirkstall Road.

The development is planned to be completed for the October 2026 academic year.

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Rav Kudhail, lending director at Atelier, commented: “Torsion's proven track record in delivering high-quality PBSA means we are delighted to partner with them once again on this latest development in Leeds. 

“We worked closely with the Torsion team to structure an effective facility which will enable them to secure the site and deliver the project.  Key to the success in this deal is the trust built up between all the project partners.”

Dan Spencer, CEO at Torsion Group, said: “We are delighted to be working with Atelier on our Kirkstall Road development, which is the latest in a succession of recent deals with this leading finance provider.

“Their professionalism and ability to deliver customised finance facilities has been integral to securing this large PBSA development in Leeds.”