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Atelier provides £21.7m loan for Birmingham PBSA



Atelier has completed a £21.7m loan to Study Inn Group to fund the development of a new 203-bed PBSA in Edgbaston, Birmingham.


Study Inn is a privately owned developer, and operator of serviced student accommodation.

This latest scheme in Birmingham is the group’s 18th development project and will be delivered by their in-house development arm for the academic year beginning in September 2027.

Rav Kudhail, lending director at Atelier, commented: “We are pleased to be supporting Study Inn on this scheme, marking the start of a new client relationship with an award winning PBSA developer and operator known for its focus on wellbeing and student satisfaction.

“The project will deliver high-quality student accommodation within the highly sought-after Calthorpe Estate in Birmingham and aligns well with our focus on backing proven PBSA developers and operators in strong locations.”

Marcus Hook, group finance director at Study Inn, said: “This was our first transaction with the Atelier team and we were impressed by their highly competitive terms, proactive approach and clear communication throughout.

“Their ability to move quickly and provide certainty of execution was important in enabling us to complete on the site acquisition and commence development within our required timeframe.”



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