The scheme, under development by Gilltown and Winvic, is scheduled to complete in time for the 2027/28 academic year.

The investment amount itself has not been disclosed, and has been made alongside Inhabeo - KKR Real Estate’s living sector platform in Europe.

This PBSA will include a mix of four- to six-bedroom cluster flats and studios, featuring indoor and outdoor communal spaces.

KKR is making the investment primarily through its European real estate strategy.

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BCLP served as legal advisor to KKR and Inhabeo. Gunnercooke and Shoosmiths acted as legal advisors to Gilltown and Longstreet served as its funding advisor.

 “We’re pleased to grow our student housing portfolio with Inhabeo by investing in this strategically located development scheme which is transforming a vacant office space into a vibrant student community to address the University of Warwick’s need for more residential accommodation,” said Seb d’Avanzo, managing director and head of real estate acquisitions for KKR in Europe.

“This investment underscores the strength of our conviction in providing high-quality living spaces in undersupplied markets that enjoy resilient demand from top universities.”